By selling a car for , Mr. Rao lost . Then the cost price of the car is:
- A₹ 7,200
- B₹ 7,680
- C₹ 8,000
- D₹ 8,400
Solution & Step-by-step Explanation
Let the Cost Price (CP) of the car be .
Given:
* Selling Price (SP) =
* Loss Percentage =
The relation between SP and CP when there is a loss is:
Therefore, the cost price of the car is .
Given:
* Selling Price (SP) =
* Loss Percentage =
The relation between SP and CP when there is a loss is:
Therefore, the cost price of the car is .