A man sells an article for Rs. 640 at a profit of 12%. Find the cost price.
- A. Rs. 525
- B. Rs. 571 ✓
- C. Rs. 506
- D. Rs. 448
Correct answer
B. Rs. 571
Explanation
SP = CP x (1 + 12/100). CP = 640 / 1.12 = 571.
B. Rs. 571
SP = CP x (1 + 12/100). CP = 640 / 1.12 = 571.