A man sells an article for Rs. 2825 at a profit of 40%. Find the cost price.
- A. Rs. 1547
- B. Rs. 2018 ✓
- C. Rs. 2373
- D. Rs. 1869
Correct answer
B. Rs. 2018
Explanation
SP = CP x (1 + 40/100). CP = 2825 / 1.4 = 2018.
B. Rs. 2018
SP = CP x (1 + 40/100). CP = 2825 / 1.4 = 2018.