Question discussion

The cost price of an article is Rs. 390. If it is to be sold at a profit of 3.12 per cent, how much would be its approximate selling price ?

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The cost price of an article is Rs. 390. If it is to be sold at a profit of 3.12 per cent, how much would be its approximate selling price ?
  • ARs. 410
  • BRs. 402
  • CRs. 417
  • DRs. 420
Answer not set

Discussion 1

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Solution
Profit obtained in selling the article at 3.12%
= $\frac{3.12}{100} * 390 \approx$ Rs. 12
=> Selling price = 390 + 12 = Rs. 402