An article costs Rs 320 and is sold at 10% loss. What is its selling price?

Question: An article costs Rs 320 and is sold at 10% loss. What is its selling price?

1. Rs 289
2. Rs 288
3. Rs 287
4. Rs 290

Correct Answer: B — Rs 288

Explanation: Selling price at a loss equals cost price × (1 − loss rate).
Using the values in this question gives Rs 288 as the correct answer.