Question 87

The difference between cost price and selling price is Rs 575. If profit percentage is 23%, then what is the selling price (in Rs)?

Solution

Difference between cost price and selling price = Profit = Rs. 575

Profit % = $$\frac{profit}{C.P.}\times100$$

=> $$\frac{575}{CP}\times100=23$$

=> $$CP=\frac{57500}{23}=Rs.$$ $$2500$$

$$\therefore$$ Selling price = Rs. $$(2500+575)=Rs.$$ $$3075$$

=> Ans - (D)

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