A man sells an article for Rs. 4100 at a profit of 5%. Find the cost price.
- A. Rs. 4317
- B. Rs. 3905 ✓
- C. Rs. 4788
- D. Rs. 4831
Correct answer
B. Rs. 3905
Explanation
SP = CP x (1 + 5/100). CP = 4100 / 1.05 = 3905.
B. Rs. 3905
SP = CP x (1 + 5/100). CP = 4100 / 1.05 = 3905.