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    Question

    An article is bought for Rs. 960 and sold at a loss of

    12.5%. What is the selling price?
    A Rs.885 Correct Answer Incorrect Answer
    B Rs.840 Correct Answer Incorrect Answer
    C Rs.800 Correct Answer Incorrect Answer
    D Rs.775 Correct Answer Incorrect Answer

    Solution

    ATQ, Loss% = 12.5% = 12.5/100 = 1/8 Loss = (1/8) of 960 = 960 ├╖ 8 = 120 SP = CP тИТ Loss = 960 тИТ 120 = 840

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