- A₹648
- B₹432
- C₹520
- D₹450
Step-by-Step Solution
The 20% is on CP, not SP. SP = 120% of CP → CP = 540 ÷ 1.2 = ₹450. Check: 20% of 450 = 90 and 450 + 90 = 540.
Answer: D) ₹450
Aman sells a fan for ₹540 at a 20% profit. He works out CP = 540 − 20% of 540 = ₹432. What is the correct cost price?
Class 8Profit and LossComparing Quantities
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