A man sells an article for Rs. 560 at a profit of 15%. Find the cost price.
- A. Rs. 449
- B. Rs. 487 ✓
- C. Rs. 434
- D. Rs. 450
Correct answer
B. Rs. 487
Explanation
SP = CP x (1 + 15/100). CP = 560 / 1.15 = 487.
B. Rs. 487
SP = CP x (1 + 15/100). CP = 560 / 1.15 = 487.