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
- A.
₹321
- B.
₹322
- C.
₹324
- D.
₹325
Attempted by 39 students.
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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.