A man sold an article for ₹222, there by gaining 20%. The cost of the article (in ₹) was:
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. 185.
Let cost price = x
Gain = 20% of x = 0.20x
Selling price = Cost price + Gain = x + 0.20x = 1.20x
Given selling price = ₹222
So, 1.20x = 222
⇒ x = 222 ÷ 1.20 = 185