A man sells an article for Rs. 1605 at a profit of 32%. Find the cost price.
- A. Rs. 933
- B. Rs. 1065
- C. Rs. 1216 ✓
- D. Rs. 1468
Correct answer
C. Rs. 1216
Explanation
SP = CP x (1 + 32/100). CP = 1605 / 1.32 = 1216.
C. Rs. 1216
SP = CP x (1 + 32/100). CP = 1605 / 1.32 = 1216.