A man sells an article for Rs. 340 at a profit of 40%. Find the cost price.
- A. Rs. 200
- B. Rs. 259
- C. Rs. 204
- D. Rs. 243 ✓
Correct answer
D. Rs. 243
Explanation
SP = CP x (1 + 40/100). CP = 340 / 1.4 = 243.
D. Rs. 243
SP = CP x (1 + 40/100). CP = 340 / 1.4 = 243.