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