A man sells an article for Rs. 525 at a profit of 15%. Find the cost price.
- A. Rs. 570
- B. Rs. 515
- C. Rs. 419
- D. Rs. 457 ✓
Correct answer
D. Rs. 457
Explanation
SP = CP x (1 + 15/100). CP = 525 / 1.15 = 457.
D. Rs. 457
SP = CP x (1 + 15/100). CP = 525 / 1.15 = 457.