A man sells an article for Rs. 530 at a profit of 20%. Find the cost price.
- A. Rs. 373
- B. Rs. 343
- C. Rs. 502
- D. Rs. 442 ✓
Correct answer
D. Rs. 442
Explanation
SP = CP x (1 + 20/100). CP = 530 / 1.2 = 442.
D. Rs. 442
SP = CP x (1 + 20/100). CP = 530 / 1.2 = 442.