Q. A trader sold a fridge for ₹28,000 and earned 12% profit. What was the cost price?

  • (A) ₹24,200
  • (B) ₹24,600
  • (C) ₹25,000
  • (D) ₹25,200
✅ Correct Answer: (C) ₹25,000
Explanation: SP = 28000 = 112% of CP; CP = 28000 × 100 / 112 = ₹25,000.
Explanation by: Yami Thakur
SP = 28000 = 112% of CP; CP = 28000 × 100 / 112 = ₹25,000.

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