A gold bracelet is sold for ₹ 14500 at a loss of 20%. What is the cost price of the gold bracelet? · ABC26GN2612

Subject: General Aptitude · Chapter: Profit and Loss · Exam: Bank Recruitment 2007

A gold bracelet is sold for ₹ 14500 at a loss of 20\%. What is the cost price of the gold bracelet?
(a)₹ 15225
(b)₹ 16800
(c)₹ 17400
(d)₹ 18125
(e)None of these
Answer
Answer (as printed): D
Explanation
S.P. $=₹ 14500$. Loss $=20 \%$. ∴ C.P. $=₹\left(\frac{100}{80} \times 14500\right)=₹ 18125$.

Explanation as extracted from the printed page; notation may be imperfect.

Study loop for Profit and Loss

1. Practise the PYQsPrevious-year questions, with answers

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