A man sells an article for Rs. 4595 at a profit of 18%. Find the cost price.
- A. Rs. 3031
- B. Rs. 3661
- C. Rs. 3894 ✓
- D. Rs. 4723
Correct answer
C. Rs. 3894
Explanation
SP = CP x (1 + 18/100). CP = 4595 / 1.18 = 3894.
C. Rs. 3894
SP = CP x (1 + 18/100). CP = 4595 / 1.18 = 3894.