By selling an article at Rs.600, a profit of 60% is made.
By selling an article at Rs.600, a profit of 60% is made. Find its cost price?
Answer/Solution
375
Steps/Work
SP = 600
CP = (SP)*[100/(100+P)]
= 600 * [100/(100+60)]
= 600 * [100/160] = Rs.375
Answer: C
CP = (SP)*[100/(100+P)]
= 600 * [100/(100+60)]
= 600 * [100/160] = Rs.375
Answer: C