A man sells an article for Rs. 2000 at a loss of 20%. Find the cost price.
- A. Rs. 2358
- B. Rs. 2149
- C. Rs. 2500 ✓
- D. Rs. 2634
Correct answer
C. Rs. 2500
Explanation
SP = CP x (1 - 20/100). CP = 2000 / 0.8 = 2500.
C. Rs. 2500
SP = CP x (1 - 20/100). CP = 2000 / 0.8 = 2500.