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A gold bracelet is sold for ₹ 14500 at a loss of 20%. What is the cost price of the gold bracelet?

₹ 18125
₹ 17400
₹ 15225
₹ 16800

Correct Answer: ₹ 18125

Explanation:

CP of bracelet = [100/(100 - Loss%)] x SP
= (100/80) x 14500
= ₹ 18125

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