A man sells an article for Rs. 4345 at a profit of 5%. Find the cost price.
- A. Rs. 4475
- B. Rs. 4408
- C. Rs. 4138 ✓
- D. Rs. 3336
Correct answer
C. Rs. 4138
Explanation
SP = CP x (1 + 5/100). CP = 4345 / 1.05 = 4138.
C. Rs. 4138
SP = CP x (1 + 5/100). CP = 4345 / 1.05 = 4138.