A man sells an article for Rs. 4530 at a profit of 20%. Find the cost price.
- A. Rs. 4047
- B. Rs. 4219
- C. Rs. 3775 ✓
- D. Rs. 3000
Correct answer
C. Rs. 3775
Explanation
SP = CP x (1 + 20/100). CP = 4530 / 1.2 = 3775.
C. Rs. 3775
SP = CP x (1 + 20/100). CP = 4530 / 1.2 = 3775.