A man sells an article for Rs. 1535 at a profit of 32%. Find the cost price.
- A. Rs. 924
- B. Rs. 982
- C. Rs. 1163 ✓
- D. Rs. 1315
Correct answer
C. Rs. 1163
Explanation
SP = CP x (1 + 32/100). CP = 1535 / 1.32 = 1163.
C. Rs. 1163
SP = CP x (1 + 32/100). CP = 1535 / 1.32 = 1163.