Multiple Choice Questions on Rahul incurred a loss of 55 per cent on selling an article for 9 549 What was the cost price of the ........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

Rahul incurred a loss of 55 per cent on selling an article for 9 549 What was the cost price of the ...........

Quant (SSC) Profit and loss
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    Rahul incurred a loss of 55 per cent on selling an article for ? 9,549. What was the cost price of the article ?

    27700

    Incorrect Answer

    25600

    Incorrect Answer

    21220

    Correct Answer

    29000

    Incorrect Answer
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    Explanation:

    Cost price = (100 /100 - Loss%) x SP
    = 100 /100 - 55 × 9549
    = 100 /45 × 9549  =  ? 21,220

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