If cost price of an article is Rs 1240 and loss is 32%, then the what will be the selling of the article?

Options

A. a) Rs820.62
B. b) Rs843.20
C. c) Rs780.72
D. d) Rs759.60

Answer

To find the selling price of an article when the cost price and loss percentage are given, we can follow these steps:

### Step 1: Understand the given values
- Cost Price (CP) = Rs 1240
- Loss Percentage = 32%

### Step 2: Calculate the Selling Price (SP)
The formula to calculate the Selling Price when there is a loss is:
\[ SP = CP \times \left( \frac{100 - \text{Loss Percentage}}{100} \right) \]

### Step 3: Substitute the values into the formula
Substituting the given values into the formula:
\[ SP = 1240 \times \left( \frac{100 - 32}{100} \right) \]
\[ SP = 1240 \times \left( \frac{68}{100} \right) \]

### Step 4: Simplify the calculation
Now, simplify the calculation:
\[ SP = 1240 \times 0.68 \]

### Step 5: Perform the multiplication
Calculating the multiplication:
\[ SP = 843.2 \]

### Conclusion
Thus, the Selling Price of the article is Rs 843.2.

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