Question discussion

The cost price of an article is Rs. 480. If it is to be sold at a profit of 6.25 per cent, what would its selling price be ?

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The cost price of an article is Rs. 480. If it is to be sold at a profit of 6.25 per cent, what would its selling price be ?
  • ARs. 510
  • BRs. 530
  • CRs. 503
  • DRs. 519
Answer not set
0
CCommunity
Solution
The selling price of article is, Selling price = Cost Price + Selling price * (Percent Profit/100)

Selling Price = 480 + (6.25/100)*480 = 510

Hence, the correct option is option A.
0
CCommunity
Solution
The selling price of article is, Selling price = Cost Price + Selling price * (Percent Profit/100)

Selling Price = 480 + (6.25/100)*480 = 510

Hence, the correct option is option A.
0
CCommunity
100-->480

106.25-->?

480*106.25/100=510