A man sells an article for Rs. 4830 at a profit of 5%. Find the cost price.
- A. Rs. 5175
- B. Rs. 4308
- C. Rs. 5049
- D. Rs. 4600 ✓
Correct answer
D. Rs. 4600
Explanation
SP = CP x (1 + 5/100). CP = 4830 / 1.05 = 4600.
D. Rs. 4600
SP = CP x (1 + 5/100). CP = 4830 / 1.05 = 4600.