"Total cost of a product: Rs 10,000.
Profit: 25% on Selling Price
Profit is:"
A. Rs. 2,500
B. Rs. 3,000
C. Rs. 3,333
D. Rs. 2,000
Answer: Option C
Solution(By Examveda Team)
Profit on C.P = 10000 × 25/100 = 2500Profit on S.P = 2500/(10000-2500) × 10000 = Rs. 3,333.
10,000×25/75=3,333
Total cost of a product: Rs 10,000.
Profit: 25% on Selling Price
Profit is:"
A. Rs. 2,500
B. Rs. 3,000
C. Rs. 3,333
D. Rs. 2,000
Answer: Option C. How .???? Plz any one comment steps..