A trader sold an article for N4,600.00 thereby making a profit of 15%. Calculate the cost price of the article
a
N3450.00
b
N3910.00
c
N4000.00
d
N5290.00
e
N6900.00
Explanation
Correct Option
cVideo Explanation
No video available
Post your Contribution
Share:
Discussions (7)
Topshine6900
5 years ago
Cost price = (SP * 100)/100 + Profit%)
Therefore, CP = 4600*100/100+115
CP = 460000/115 = 4000
