A man sells an article for Rs. 3960 at a profit of 5%. Find the cost price.
- A. Rs. 3000
- B. Rs. 2868
- C. Rs. 3771 ✓
- D. Rs. 3383
Correct answer
C. Rs. 3771
Explanation
SP = CP x (1 + 5/100). CP = 3960 / 1.05 = 3771.
C. Rs. 3771
SP = CP x (1 + 5/100). CP = 3960 / 1.05 = 3771.