Question

A man sold an article for ₹216, there by gaining 20%. The cost of the article (in ₹) was:

• A. 172
• B. 180
• C. 270
• D. 260

Answer 1

Answer:

B. 180

Given:

• Selling Price (SP) = ₹216

• Profit = 20%

• Use formula

$SP = \frac{CP \times (100 + \text{profit \%})}{100}$

$216 = \frac{CP \times 120}{100}$

Find CP

$CP = \frac{216 \times 100}{120} = 180$

Final Answer: ₹180