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Manoj incurred a loss of ₹40 percent on ...

Manoj incurred a loss of ₹40 percent on selling an article for ₹5,700. What was the cost price of the article?

A

₹7,725

B

₹9,080

C

₹8,250

D

None of these

Text Solution

Verified by Experts

Let Cost Price of article be x
`x - (40)/(100) xx = 5700`
`(60)/(100)x = 5700`
`x = (5700xx 100)/(60) = 9500`
Cost Price of the article is ₹ 9,500.
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