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Profit & Loss Quiz: An Article is Sold for ₹760 at a Loss of 5%. What is Its Cost Price?

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Profit & Loss Quiz: An Article is Sold for ₹760 at a Loss of 5%. What is Its Cost Price?

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Q. An article is sold for ₹760 at a loss of 5%. What is its cost price?
Options: A) ₹780 | B) ₹800 | C) ₹820 | D) ₹840
✅ Answer: B) ₹800 (CP = SP ÷ 0.95 = 760 ÷ 0.95 = ₹800)
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