Q. A trader sells an item for ₹840 and incurs a loss of 12%. What is the cost price?

  • (A) ₹900
  • (B) ₹920
  • (C) ₹950
  • (D) ₹1000
✅ Correct Answer: (C) ₹950
Explanation: SP = 840 = 88% of CP. CP = (840 / 88) × 100 = ₹954.54 ≈ ₹950.

Published by Yami Thakur ⭐ 10.63K Points at 08-Dec-2025 06:37 am in Math

Explanation by: Yami Thakur
SP = 840 = 88% of CP. CP = (840 / 88) × 100 = ₹954.54 ≈ ₹950.

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