Question discussion

Mohan purchased an article and sold it for 2817.50 and earned 15 percent profit on the cost price. What was the cost price of the article?

334767Medium 1 reply 638 views
23
Mohan purchased an article and sold it for 2817.50 and earned 15 percent profit on the cost price. What was the cost price of the article?
  • A2250
  • B2350
  • C2450
  • D2550
Correct answer: C

Discussion 1

0
CCommunity
2450

The SP is 115% of the CP and is equal to 2817.50.

Then the CP = 2817.50 × 100/115 = 2450