An article was bought for ₹ 18,560 and sold at a loss of 2.5\% . What is the selling price? - Quantitative Aptitude MCQ Practice Test 2026 | ExamTest.live

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An article was bought for ₹ 18, 560 and sold at a loss of 2.5% . What is the selling price?

Solution & Step-by-step Explanation

Given: * Cost Price (CP) = ₹ 18, 560 * Loss % = 2.5% The formula for Selling Price (SP) during a loss is: SP = CP \times (1 - \frac{Loss %}{100}) SP = 18560 \times (1 - \frac{2.5}{100}) SP = 18560 \times (1 - 0.025) = 18560 \times 0.975 = ₹ 18, 096

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An article was bought for ₹ 18, 560 and sold at a loss of 2.5% . What is the selling price?

₹ 18,096

₹ 18,650

₹ 15,900

₹ 15,675

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