By selling an article for ₹1,150, a shopkeeper gains 15%. What is its cost price?

A. ₹1050

B. ₹977.5

C. ₹1000

D. ₹1035

Doubtly AI Asked 27 Oct 2026 AI-generated · not yet verified ssc cgl Save WhatsApp Report

1 answer

Best answer

Answer: C. ₹1000

Answer: (C) ₹1000

Shortcut: CP = SP ÷ 1.15 = 1150 ÷ 1.15 = ₹1000.

Trap: taking 15% off ₹1,150 gives ₹977.50, which is wrong because the 15% is on the CP.

Doubtly AI · 27 Oct 2026 AI-generated · not yet verified Report

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