A man sells an article for Rs. 2005 at a profit of 38%. Find the cost price.
- A. Rs. 1367
- B. Rs. 1260
- C. Rs. 1453 ✓
- D. Rs. 1650
Correct answer
C. Rs. 1453
Explanation
SP = CP x (1 + 38/100). CP = 2005 / 1.38 = 1453.
C. Rs. 1453
SP = CP x (1 + 38/100). CP = 2005 / 1.38 = 1453.