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A shopkeeper sold a watch for ₹450, making a profit of 25%. What was the cost price of the watch?
  • a)
    ₹350
  • b)
    ₹360
  • c)
    ₹380
  • d)
    ₹400
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
A shopkeeper sold a watch for 450, making a profit of 25%. What was th...
Cost Price = Selling Price / (1 + Profit Percentage) = 450 / (1 + 25/100) = 450 / 1.25 = ₹360
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