If a person sells a 'sari' for Rs. 5200, making a profit of 30%, then the cost price of the sari is
A)rs. 4420
B)rs. 4000
C)rs. 3900
D)rs. 3800

Question

Quizplus · Accepted Answer

The cost price can be calculated using the formula: Cost Price = Selling Price / (1 + Profit Percentage). Here, the selling price is Rs. 5200 and the profit is 30% or 0.30 in decimal form. Thus, Cost Price = 5200 / (1 + 0.30) = 5200 / 1.30 = Rs. 4000.

If a Person Sells a 'Sari' for Rs