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By selling a cycle for ₹2345/-, a student loses 19%. His cost price is nearly: - Mathematics

MCQ

By selling a cycle for ₹2345/-, a student loses 19%. His cost price is nearly:

Options

  • ₹ 4,000/-

  • ₹ 5,000/-

  • ₹ 3,000/-

  • ₹ 3,500/-

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Solution

₹ 3,000/-

Explanation:

SP = 2345, L = 19%

CP`=100/81xx2345=₹2895.06≈3000`

Concept: Profit and Loss (Entrance Exam)
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