A man made a loss of 15% by selling an article for N595. Find the cost price of the article
- N600.00
- N684.25
-
N700.00
- N892.50
The correct answer is: C
Explanation
15% loss = N595
\(\implies\) (100 - 15)% of CP = N595
85% of CP = N595
CP = \(\frac{595 \times 100}{85}\)
= N700.00