Q. A trader earned 15% profit on selling a shirt for ₹1,380. What was the cost price?
✅ Correct Answer: (D)
₹1200
Explanation: SP = 1380 = 115% of CP; CP = 1380 × 100 / 115 = ₹1200.
Explanation by: Yami Thakur
SP = 1380 = 115% of CP; CP = 1380 × 100 / 115 = ₹1200.