Question

51. By selling a pen for Rs.60, a person get 20%
profit, the cost price of pen is
a) Rs.50
b) Rs.80
c) Rs. 120
d) Rs. 160​

Answer 1

Answer:

Option A will be correct answer.

Step-by-step explanation:

Let,

CP of pen = x

A/Q

120% of x = 60

⇒120/100 of x = 60

⇒ x = (60 × 100)/120

⇒ x = 6000/ 120

⇒ x = 50

Therefore,

Cost of pen = 50

Hope it helps you.