If by selling an article for ₹390, a shopkeeper gains 20%, then the cost price…

2018

If by selling an article for ₹390, a shopkeeper gains 20%, then the cost price of article is

Answer: D. ₹325 — Given Selling Price (SP) = ₹390 and Gain % = 20%. Using the formula CP = SP / (1 + Gain%/100), we get CP = 390 / 1.20 = ₹325.

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Correct answer: D

Given Selling Price (SP) = ₹390 and Gain % = 20%. Using the formula CP = SP / (1 + Gain%/100), we get CP = 390 / 1.20 = ₹325.