Question

The Cost price of an article is$Rs6,250$. Rekha sells it at a loss of $24\%$. Find the selling price.

• A. $Rs1500$
• B. $Rs4750$
• C. $Rs6210$
• D. $Rs5000$

Answer 1

The correct option is B

$Rs4750$

As it is given that $C.PisRs6,250andLoss=24\%$

we know that $S.P=C.P-Loss$

Also $Loss=loss\%ofC.P=24\%\times 6250=\frac{24}{100}\times 6250=Rs1500$

So, $S.P=C.P-Loss=6250-1500=Rs4750$

Hence Correct option is (b)