Mathematics
Medium
Question
The sale price of an article including the sales tax is Rs. 616. The rate of sales tax is 10%. If the shopkeeper has made a profit of 12%, then the cost price of the article is:
A
Rs. 500
✓ Official correct answer
B
Rs. 515
C
Rs. 550
D
Rs. 600
Community credibility
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A
Rs. 500
No member explanations yet for this option.
B
Rs. 515
No member explanations yet for this option.
C
Rs. 550
No member explanations yet for this option.
D
Rs. 600
No member explanations yet for this option.