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By selling an article at Rs.600, a profit of 25% is made. Find its cost price?

/ Mathematics Mcqs, Profit and Loss Mcqs / By
By selling an article at Rs.600, a profit of 25% is made. Find its cost price?

A. Rs.350
B. Rs.400
C. Rs.573
D. Rs.480
Explanation:
SP = 600
CP = (SP)*[100/(100+P)]
= 600 * [100/(100+25)]
= 600 * [100/125] = Rs.480