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

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

    A.

    Rs. 3962

    B.

    Rs. 4048

    C.

    Rs. 3562

    D.

    Rs. 3888

    Correct option is B

    Given:
    Cost Price (CP) = Rs. 4600
    Loss Percentage = 12%
    Formula Used:
    SP=CP(1Loss100)SP = CP \cdot \left(1 - \frac{\text{Loss}}{100}\right)​​
    Solution:
    Cost Price (CP)=4600Loss Percentage=12%Selling Price (SP)=CP(1Loss100)SP=4600(112100)SP=46000.88SP=4048\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.

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