Question

Mohan sells an article for ₹450 at a gain of 20%. Find its cost price.

• A. Rs 3120
• B. Rs 3300
• C. Rs 3395
• D. Rs 3595

Answer 1

The correct option is A

Rs 3120

S.P = ₹450

profit % = 20%

$\text{C.P}=\frac{100}{100+profit\%}\times S.P$

= $\frac{100}{120}\times 450$

= ₹375