Arithmeticmedium · Past Paper
By selling an article for Rs. 720, a shopkeeper earns a profit of 20%. What was the cost price?
ARs. 600
BRs. 580
CRs. 620
DRs. 650
✓ Correct Answer: A — Rs. 600
CP = SP / (1 + Profit%) = 720 / 1.2 = 600.
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