A man sells an article for Rs. 4905 at a profit of 32%. Find the cost price.
- A. Rs. 3107
- B. Rs. 3716 ✓
- C. Rs. 3290
- D. Rs. 4016
Correct answer
B. Rs. 3716
Explanation
SP = CP x (1 + 32/100). CP = 4905 / 1.32 = 3716.
B. Rs. 3716
SP = CP x (1 + 32/100). CP = 4905 / 1.32 = 3716.