What is the cost price of a shirt which is sold at a loss of 20% for Tk. 320?

What is the cost price of a shirt which is sold at a loss of 20% for Tk. 320?

A 450

B 400

C 500

D 520

Solution

Correct Answer: Option B

CP = (SP x 100)/ (100±x)
= (320 X 100)/ (100-20)
= 400