If the cost price of an article is Rs. 800 and if a I5% loss is incurred on selling the article find the selling price.

Correct option is A

Given:

Cost Price of an article = ₹800

Loss = 15%

Formula Used:

Loss =$$\frac{Loss \ Percent}{100} \times Cost \ Price$$​

Selling Price =Cost Price - Loss

Solution:

Loss =$$\frac{15}{100}\times 800$$​= ₹120

Selling Price = 800 -120 = ₹680