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On selling an article for Rs. 651, there is a loss of 7%. The cost price of that article is = ?
Answer & Solution
Correct Answer:
Option
D
According to the question 7% loss
$$\eqalign{ & \,\,\,{\text{CP}}\,\,\,\,\,\,\,\,{\text{Loss}}\,\,\,\,\,\,\,\,\,{\text{SP}} \cr & \mathop { \downarrow \times 7}\limits_{\mathop {700}\limits_{\left( {{\text{Answer }}} \right)} }^{100} \,\,\,\,\,\,\,\,\,\,\,7\,\,\,\,\,\,\,\mathop {\,\,\,\,\,\,\, \downarrow \times 7}\limits_{651}^{93} \cr} $$
$$\eqalign{ & \,\,\,{\text{CP}}\,\,\,\,\,\,\,\,{\text{Loss}}\,\,\,\,\,\,\,\,\,{\text{SP}} \cr & \mathop { \downarrow \times 7}\limits_{\mathop {700}\limits_{\left( {{\text{Answer }}} \right)} }^{100} \,\,\,\,\,\,\,\,\,\,\,7\,\,\,\,\,\,\,\mathop {\,\,\,\,\,\,\, \downarrow \times 7}\limits_{651}^{93} \cr} $$
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