Q. The selling price is ₹480 and profit percentage is 20%. What is the cost price?

  • (A) ₹350
  • (B) ₹380
  • (C) ₹400
  • (D) ₹450
✅ Correct Answer: (C) ₹400
Explanation: SP = 120% of CP → 480 = 1.2CP → CP = 400.
Explanation by: Mr. Dubey
SP = 120% of CP → 480 = 1.2CP → CP = 400.

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