Question

By selling a pen for Rs 57 a person makes a profit of 14%. Find the cost price of pen ?​

Answer 1

Answer:

Correct option is

A

Rs. 16

Let's assume  the cost price of the pen is x

According to the question, Loss =16x

Cost Price= Selling Price + Loss

Hence, 

15+16x=x

15=x−16x

15=1615x

x=16

Hence, the cost of 1 pen is Rs. 16