A man sells an article for Rs. 3430 at a profit of 22%. Find the cost price.
- A. Rs. 2292
- B. Rs. 2811 ✓
- C. Rs. 2663
- D. Rs. 2315
Correct answer
B. Rs. 2811
Explanation
SP = CP x (1 + 22/100). CP = 3430 / 1.22 = 2811.
B. Rs. 2811
SP = CP x (1 + 22/100). CP = 3430 / 1.22 = 2811.