A shopkeeper sells an article at 20% profit. Find Cost price of the article if selling price is ₹ 480.
Answer & explanation
Correct answer: option 1
CP = 480 × \(\frac{100}{120}\)
= 480 × \(\frac{5}{6}\) = 400
A shopkeeper sells an article at 20% profit. Find Cost price of the article if selling price is ₹ 480.
Correct answer: option 1
CP = 480 × \(\frac{100}{120}\)
= 480 × \(\frac{5}{6}\) = 400