Vishal sells a bag at a profit of 40%. If Vishal's profit is ₹880, then what is the cost price of the bag?
Answer & explanation
Correct answer: option 4
Profit = 40%
40% of CP = 880
100% of CP = ₹2,200
Vishal sells a bag at a profit of 40%. If Vishal's profit is ₹880, then what is the cost price of the bag?
Correct answer: option 4
Profit = 40%
40% of CP = 880
100% of CP = ₹2,200