The selling price of an article is 25% less than the loss occurred by selling the article. If the cost price of the article is 5000 rupees, find the selling price.

The selling price of an article is 25% less than the loss occurred by selling the article. If the cost price of the article is 5000 rupees, find the selling price. Correct Answer 2143 rupees

Let the loss occurred be x. The selling price = 25% less than the loss occurred. Selling price = x – 25% of x = 0.75x Cost price = 5,000 rupees 5000 = x + 0.75x = 1.75x 1.75x = 5000, x = 5000 / 1.75 = 2857.1 Selling price = 0.75x = 2875.1 * 0.75 = 2142.85 ≈ 2143 rupees
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