What is the cost price of an article

What is the cost price of an article which is sold for ₹1,566 with 8% profit?
उस वस्तु का क्रय मूल्य क्या है जो 8% लाभ के साथ ₹ 1,566 में बेची जाती है?

₹1,420 ₹1,390 ₹1,450 ₹1,400

Detailed Solution & Logic

Correct Answer:

₹1,450

Selling Price (SP) = ₹1566
Profit = 8%
SP = CP + Profit = CP 1 +$ \frac{8}{100} $
1566 = CP $ \times \frac{108}{100} $
CP = $ \frac{1566 \times 100}{108} $
CP = 1450
Answer = ₹1450

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