alleryInclusive of a profit of 16%, Rishi sold a pair of footwear for ₹2,059. What was the cost price of the pair?
A₹1,775
B₹1,780
C₹1,760
D₹1,800
Answer & Solution
Correct answer: A. ₹1,775
1. Selling price = cost price × (1 + 16/100) = CP × 1.16.
2. So CP = 2059 / 1.16.
3. CP = ₹1,775.
_Source: RRB Group D CEN-02/2018 PYQ, Q.95._
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