A man sells an article for Rs. 4885 at a profit of 32%. Find the cost price.
- A. Rs. 4059
- B. Rs. 3701 ✓
- C. Rs. 3057
- D. Rs. 3097
Correct answer
B. Rs. 3701
Explanation
SP = CP x (1 + 32/100). CP = 4885 / 1.32 = 3701.
B. Rs. 3701
SP = CP x (1 + 32/100). CP = 4885 / 1.32 = 3701.