Q. The selling price of an article is ₹720 and the profit is 20%. What is the cost price?
✅ Correct Answer: (C)
₹600
Explanation: SP = 120% of CP → CP = 720 × 100 / 120 = 600.
Explanation by: Ankit Singh
SP = 120% of CP → CP = 720 × 100 / 120 = 600.