Question

A bed is sold for Rs. 6400 at a loss of \(20\%\). What is the cost price (in Rupees)?

• A. 6000
• B. 3500
• C. 7000
• D. 8000

Hint:

For a loss of \(L\%\): \[ \boxed{\text{SP}=\text{CP}\times\frac{100-L}{100}} \] For a profit of \(P\%\): \[ \boxed{\text{SP}=\text{CP}\times\frac{100+P}{100}} \]

Answer 1

The Correct Option is D