The difference between cost price and selling price of a table is Rs. 224. If loss percentage is 40 percent, then what is the selling price?

Correct option is A

Given:
Difference between Cost Price (C.P.) and Selling Price (S.P.) = Rs. 224
Loss Percentage = 40%
Formula Used:
Loss = C.P. - S.P.
Loss% =$$\frac{\text{Loss}}{\text{C.P.}} \times 100$$​​
Solution:
Let the Cost Price (C.P.) be x.
40 = $$\frac{224}{x} \times 100$$​​
​$$x = \frac{224 \times 100}{40}\\x = 560$$​​
Selling Price (S.P.) = C.P. - Loss =560 - 224 = 336
Thus, the selling price of the table is Rs. 336.