Sujit incurred a loss of 45% on selling an article for Rs.3960/-. What was the cost price of the article? Choose the correct choice from the following options:	A) Rs.5725/-	B) Rs.5080/-	C) Rs.7200/-	D) Rs.6750/-	E) None of these
Explanation:   45% loss means SP of Rs.3960/- is 55% of CP   :. Rs.7200/-P = 3960x100/55 = Rs.7200/-   Answer: Option Rs.7200/-
<result>C</result>
Sujit incurred a loss of 45% on selling an article for Rs.3960/-. What was the cost price of the article?