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Profit and Loss

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  1. A gold bracelet is sold for ₹ 14500 at a loss of 20%. What is the cost price of the gold bracelet?

    1. ₹ 18125
    2. ₹ 17400
    3. ₹ 15225
    4. ₹ 16800
    5. None of the above
Correct Option: A

CP of bracelet = [100/(100 - Loss%)] x SP
= (100/80) x 14500
= ₹ 18125


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