A man sells an article for Rs. 970 at a profit of 5%. Find the cost price.
- A. Rs. 740
- B. Rs. 793
- C. Rs. 787
- D. Rs. 924 ✓
Correct answer
D. Rs. 924
Explanation
SP = CP x (1 + 5/100). CP = 970 / 1.05 = 924.
D. Rs. 924
SP = CP x (1 + 5/100). CP = 970 / 1.05 = 924.