A shopkeeper sells an item for Rs. 400 and gains 25%. What was the cost price?

ARs. 300

BRs. 320

CRs. 350

DRs. 380

Explanation

1.25 * CP = 400 => CP = 400 / 1.25 = 320.

Exam Relevance

Topic: Profit and Loss
Subtopic: Cost Price

Submitted by: mcqstutor Team More Mathematics MCQs →