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Meera incurred a loss of 40 per cent on selling an article for Rs. 5700/-. What was the cost of the article.
  • a)
    Rs. 7725                   
  • b)
    Rs. 9080
  • c)
    Rs. 8250                   
  • d)
    Rs. 9400
  • e)
    None of these
Correct answer is option 'E'. Can you explain this answer?
Verified Answer
Meera incurred a loss of 40 per cent on selling an article for Rs. 570...
Let Cost Price of article be x

Cost Price of the article is ₹ 9,500.
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Most Upvoted Answer
Meera incurred a loss of 40 per cent on selling an article for Rs. 570...
Given, Meera incurred a loss of 40% on selling an article for Rs. 5700/-

Let's assume the Cost Price of the article be x.

Selling Price = Cost Price - Loss

5700 = x - (40% of x)

5700 = 0.6x

x = 5700/0.6

x = 9500

Therefore, the cost price of the article is Rs. 9500.

Hence, the correct answer is option E. None of these.
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Community Answer
Meera incurred a loss of 40 per cent on selling an article for Rs. 570...
Ans is 9500 .. I think its a mistake they should have given 9500 as an option in place of 9400
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