Question

A shopkeeper made a loss of ₹125 on an article. If the loss percentage was 5%, what was the cost price of the article (in ₹)?

• A. ₹2100
• B. ₹2000
• C. ₹2500
• D. ₹1500

Answer 1

Answer:

C. ₹2500

Loss = 5% of cost price.

So,
$5\% \text{ of CP} = 125$
$\frac{5}{100} \times CP = 125$
$CP = \frac{125 \times 100}{5} = 2500$

So, the cost price of the article is ₹2500.