A man sells an article for Rs. 3360 at a profit of 18%. Find the cost price.
- A. Rs. 3462
- B. Rs. 3042
- C. Rs. 3465
- D. Rs. 2847 ✓
Correct answer
D. Rs. 2847
Explanation
SP = CP x (1 + 18/100). CP = 3360 / 1.18 = 2847.
D. Rs. 2847
SP = CP x (1 + 18/100). CP = 3360 / 1.18 = 2847.