A man sells an article for Rs. 930 at a profit of 40%. Find the cost price.
- A. Rs. 769
- B. Rs. 516
- C. Rs. 664 ✓
- D. Rs. 590
Correct answer
C. Rs. 664
Explanation
SP = CP x (1 + 40/100). CP = 930 / 1.4 = 664.
C. Rs. 664
SP = CP x (1 + 40/100). CP = 930 / 1.4 = 664.