The difference between the selling price and cost price of an article is Rs. 210. If the profit percent is 25, then the selling price of the article is = ?
A. Rs. 950
B. Rs. 1050
C. Rs. 1150
D. Rs. 1250
Answer: Option B
Solution(By Examveda Team)
$$\eqalign{ & {\text{Profit}}\% = 25 \cr & 25\% = \frac{1}{4} \cr & {\text{CP}}\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,{\text{SP}} \cr & \,\,\,4\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,5 \cr & \,\,\,\,1 - - - 210 \cr & \therefore {\text{SP}} = 210 \times 5 \cr & \,\,\,\,\,\,\,\,\,\,\,\,\,\,\, = 1050 \cr} $$Alternate Solution :
Let Cost price is 100x
Then Selling price is 125x
According to the question,
Selling price - Cost Price = 210
⇒ 125x - 100x = 210
⇒ x = $$\eqalign{ \frac{210}{25} \cr }$$
So the Selling price → 125x
= 125 × $$\eqalign{ \frac{210}{25} \cr }$$
= Rs. 1050
Related Questions on Profit and Loss
A. 45 : 56
B. 45 : 51
C. 47 : 56
D. 47 : 51
A. Rs. 2600
B. Rs. 2700
C. Rs. 2800
D. Rs. 3000
A. A neither losses nor gains
B. A makes a profit of 11%
C. A makes a profit of 20%
D. B loses 20%
A. Rs. 3,750
B. Rs. 3,250
C. Rs. 2,750
D. Rs. 2,250
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