Profit & Loss Quiz: A Trader Sells an Article for ₹1,080 at a Profit of 20%. What Was the Cost Price?
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Q. A trader sells an article for ₹1,080 at a profit of 20%. What was the cost price?
Options: A) ₹850 | B) ₹880 | C) ₹900 | D) ₹960
✅ Answer: C) ₹900 (CP = SP ÷ 1.20 = 1080 ÷ 1.2 = ₹900)
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