The cost price of a college bag is 240% more than the profit obtained on it selling at Rs. 1540. What is the cost price of that college bag?

The cost price of a college bag is 240% more than the profit obtained

1.	The cost price of a college bag is 240% more than the profit obtained on it selling at Rs. 1540. What is the cost price of that college bag?
A.	Rs. 1190
B.	Rs. 1288
C.	Rs. 1365
D.	Rs. 1452
Answer» B. Rs. 1288

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The cost price of a college bag is 240% more than the profit obtained on it selling at Rs. 1540. What is the cost price of that college bag?

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