Q. A shopkeeper sells an article at ₹240 with 20% profit. What is the cost price?

  • (A) ₹180
  • (B) ₹190
  • (C) ₹200
  • (D) ₹220
✅ Correct Answer: (C) ₹200
Explanation: SP = 120% of CP → 240 = 1.2CP → CP = 200.
Explanation by: Mr. Dubey
SP = 120% of CP → 240 = 1.2CP → CP = 200.

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