Q. A shopkeeper incurs a loss of 15% by selling an item for ₹680. What is the cost price?
✅ Correct Answer: (C)
₹800
Explanation: SP = 680 = 85% of CP. CP = (680 / 85) × 100 = ₹800.
Explanation by: Yami Thakur
SP = 680 = 85% of CP. CP = (680 / 85) × 100 = ₹800.