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Vandana sells an article for Rs 3240 and earns a profit 20%. What is the cost price of the article ?

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Vandana sells an article for Rs 3240 and earns a profit 20%. What is the cost price of the article ?
  • ARs. 2500
  • BRs. 2600
  • CRs. 2700
  • DRs. 2800
Correct answer: C

Discussion 1

0
CCommunity
Rs. 2700

Cost price of the article
= 3240 x 100/(100 + 20)
= 3240 x 100/120
= Rs 2700