A man sold an article for Rs. 217, there by gaining 8.5%. The cost of the article (in Rs. ) was:

Correct option is D

Given:

Selling Price (SP) = ₹217

Gain = 8.5%

Formula Used:

SP = CP $$\times \left(1 + \frac{\text{Gain\%}}{100}\right)$$​​

Solution:

217 = CP $$\times \left(1 + \frac{\text{8.5}}{100}\right)$$​

CP = $$\frac{217}{1 + \frac{8.5}{100}}$$​​

= $$\frac{217}{1.085}$$​​

= ₹200