Question

By selling a cycle for Rs. $2345$, a student loses $19\%$. His cost price is nearly.

• A. Rs. $4,000$
• B. Rs. $5,000$
• C. Rs. $3,000$
• D. Rs. $3,500$

Answer 1

Answer: (C)

Rs. $3,000$

Given, $S.P=$ $2345$,
loss $,L=19\%$

$\text{CP}$ $=\frac{\text{SP}\times 100}{(100-\text{loss}\%)}$

$\text{CP}=\frac{100}{81}\times 2345=$ Rs. $2895.06\approx 3000$