What will be cost price of a dress sold by a shop keeper if he made a profit of 30% when he sold the dress for ₹2,600.

Correct option is B

Given:

Selling Price (SP) = ₹2,600
Profit Percentage = 30%

Formula Used:

The Cost Price (CP) can be calculated using the formula:

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

Solution:

CP = $$\frac{SP}{1 + \frac{30}{100}}$$​​

CP = $$\frac{2600}{1.30}$$​​

CP = 2000

Option (B) is right.