Cost price of an article is Rs. 4600. If the loss percentage is 12 percent, then what is the selling price of the article?

Correct option is B

Given:
Cost Price (CP) = Rs. 4600
Loss Percentage = 12%
Formula Used:
​$$SP = CP \cdot \left(1 - \frac{\text{Loss}}{100}\right)$$​​
Solution:
​$$\text{Cost Price (CP)} = 4600 \\\text{Loss Percentage} = 12\% \\\text{Selling Price (SP)} = \text{CP} \cdot \left(1 - \frac{\text{Loss}}{100}\right) \\\text{SP} = 4600 \cdot \left(1 - \frac{12}{100}\right) \\\text{SP} = 4600 \cdot 0.88 \\\text{SP} = 4048$$​​
Thus, the selling price of the article is Rs. 4048.