A man sells an article for Rs. 4900 at a profit of 15%. Find the cost price.
- A. Rs. 4261 ✓
- B. Rs. 4766
- C. Rs. 3745
- D. Rs. 3915
Correct answer
A. Rs. 4261
Explanation
SP = CP x (1 + 15/100). CP = 4900 / 1.15 = 4261.
A. Rs. 4261
SP = CP x (1 + 15/100). CP = 4900 / 1.15 = 4261.