A man sells an article for Rs. 3275 at a profit of 5%. Find the cost price.
- A. Rs. 2434
- B. Rs. 2867
- C. Rs. 3119 ✓
- D. Rs. 3504
Correct answer
C. Rs. 3119
Explanation
SP = CP x (1 + 5/100). CP = 3275 / 1.05 = 3119.
C. Rs. 3119
SP = CP x (1 + 5/100). CP = 3275 / 1.05 = 3119.