Question

Selling price of an article is 2688 rupees and the profit is 12% then what will be the cost price of the article (in rupees)?

• A. 2100
• B. 2500
• C. 2400
• D. 2200

Answer 1

Answer:

C. 2400

C.P. of the article is 100x. S.P. = 100x + 12% of 100x S.P. = 112x 2688 = 112x x = 24 C.P. = 100 × 24 C.P. = 2400.