Option 3 : Rs 5800

__Shortcut Trick__

Loss % = 7%

⇒ 7/100

Here C.P = 100 units

S.P = (100 - 7)

⇒ 93 units

According to the question,

93 units = Rs. 5394

⇒ 1 unit = Rs. 58

⇒ 100 units = Rs. 5800

∴ The cost price of the article is Rs. 5800

Traditional Method:

Given:

S.P = Rs. 5394

L % = 7%

Formula Used:

C.P = S.P × {100/(100 - L %)}

Where C.P = Cost Price

S.P = Selling Price

L = Loss

Calculation:

C.P = S.P × {100/(100 - L %)}

⇒ 5394 × {100/(100 - 7)}

⇒ 5394 × (100/93)

⇒ 58 × 100

⇒ Rs. 5800

∴ The cost price of the article is Rs. 5800