To make a profit of 27%, the selling price of a an item is ₹381. The cost price of the item is:

Correct option is C

Given:

Profit % = 27%

Selling Price (SP) = ₹381

Need: Cost Price (CP)

Formula Used:

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

So,

CP $$= \frac{SP}{1 + \frac{Profit\%}{100}}$$​

Solution:

CP $$= \frac{381}{1 + \frac{27}{100}}$$​

CP $$= \frac{381}{1.27} = 300$$​