Explanation:

- The selling price results in a 3% loss, meaning the article is sold for 97% of its cost price.

- Selling Price (SP) of Rs388 is 97% of the Cost Price (CP).

- Calculate CP: $\text{CP}=\frac{388\times 100}{97}=400$ Rs.

- Now, find the SP for an 18% gain:

- SP with 18% gain: $\text{SP}=\text{CP}\times \frac{118}{100}=400\times 1.18=472$ Rs.

- Compare with options:

- Option:1, 444 Rs – Incorrect.

- Option:2, 472 Rs – Correct.

- Option:3, 432 Rs – Incorrect.

- Option:4, 460 Rs – Incorrect.

The correct answer is Option:2, 472 Rs.

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