A man sells an article for Rs. 905 at a profit of 20%. Find the cost price.
- A. Rs. 567
- B. Rs. 754 ✓
- C. Rs. 606
- D. Rs. 642
Correct answer
B. Rs. 754
Explanation
SP = CP x (1 + 20/100). CP = 905 / 1.2 = 754.
B. Rs. 754
SP = CP x (1 + 20/100). CP = 905 / 1.2 = 754.