Question 65

Qamar gained 21% on the resale of a used stereo. If he purchased the item for ₹ 1,500, how much did he sell it for?

Solution

Qamar gained 21% on the resale of a used stereo, he purchased the item for ₹ 1,500

Selling Price = Cost Price $$\times$$ Profit$$\%$$

$$=1500 \times \frac{121}{100}$$
$$=15\times121$$

$$= ₹ 1815$$

Option D is correct.

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