A man sells an article for Rs. 470 at a profit of 10%. Find the cost price.
- A. Rs. 497
- B. Rs. 362
- C. Rs. 427 ✓
- D. Rs. 353
Correct answer
C. Rs. 427
Explanation
SP = CP x (1 + 10/100). CP = 470 / 1.1 = 427.
C. Rs. 427
SP = CP x (1 + 10/100). CP = 470 / 1.1 = 427.