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A shopkeeper bought an article for Rs.319.60. Approximately at what price should he sell the article to make 25 per cent profit?
- ARs. 300
- BRs. 400
- CRs. 500
- DRs. 600
Correct answer: B
Discussion 1
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CCommunity
Rs. 400
25% of CP should be added to the CP to get a profit of 25%.
25% of 319.60 = 319.60/4 = 79.9.
:. SP = 319.60 + 79.9 = 399.50. = Rs.400. approx.
25% of CP should be added to the CP to get a profit of 25%.
25% of 319.60 = 319.60/4 = 79.9.
:. SP = 319.60 + 79.9 = 399.50. = Rs.400. approx.