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23 vote

 Mohan purchased an article and sold it for 2817.50 and earned 15 percent profit on the cost price. What was the cost price of the article?

Asked on by | Votes 23 | Views: 638 | Tags: quantitative aptitude     | profit and loss     | Add Bounty

 Mohan purchased an article and sold it for 2817.50 and earned 15 percent profit on the cost price. What was the cost price of the article?

A). 2250

B). 2350

C). 2450

D). 2550


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1 answers

25 vote
Answered by on | Votes 25 |

2450



The SP is 115% of the CP and is equal to 2817.50. 

Then the CP = 2817.50 × 100/115 = 2450

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