A man sells an article for Rs. 3200 at a profit of 18%. Find the cost price.
- A. Rs. 3104
- B. Rs. 2712 ✓
- C. Rs. 3265
- D. Rs. 3108
Correct answer
B. Rs. 2712
Explanation
SP = CP x (1 + 18/100). CP = 3200 / 1.18 = 2712.
B. Rs. 2712
SP = CP x (1 + 18/100). CP = 3200 / 1.18 = 2712.