Staff Selection Commission Quantitative Aptitude — Question 249

Question

If the cost price of an article is Rs.800 and profit is 25%, what is the selling price?

1. Rs.900
2. Rs.950
3. Rs.1000
4. Rs.1050

Correct answer

C — Rs.1000

Explanation (English)

SP = CP + Profit = 800 + (25/100)*800 = 800 + 200 = Rs.1000

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