Q. A watch was sold at 20% profit for ₹1,920. What was the cost price?
✅ Correct Answer: (C)
₹1600
Explanation: SP = 1,920 = 120% of CP. CP = (1920 × 100) / 120 = ₹1600.
Explanation by: Yami Thakur
SP = 1,920 = 120% of CP. CP = (1920 × 100) / 120 = ₹1600.