Puneet sold an article for ₹1,750 at a loss of 50%. If Puneet sells the article at loss of 30%, then what will be the selling price?
Answer & explanation
Correct answer: option 3
Selling price of the article = 1750
Loss = 50%
cost price = \(\frac{1750}{1}\) × 2 = 3500
Selling price at 30% loss = 70% of 3500 = 2450