arrow
arrow
arrow
A shopkeeper bought an article for Rs. 500. At what price (in Rs. ) should he sell the article to make 26% profit?
Question

A shopkeeper bought an article for Rs. 500. At what price (in Rs. ) should he sell the article to make 26% profit?

A.

618

B.

630

C.

370

D.

642

Correct option is B

Given:
​Cost Price (CP) = Rs. 500
Required Profit = 26%
Formula Used:
Selling Price (SP)=Cost Price (CP)×(1+Profit%100)\text{Selling Price (SP)} = \text{Cost Price (CP)} \times \left(1 + \frac{\text{Profit\%}}{100} \right)​​
Solution:
SP=500×(1+26100)=500×(126100)=500×126100=630\text{SP} = 500 \times \left(1 + \frac{26}{100} \right) \\= 500 \times \left( \frac{126}{100} \right) \\= \frac{500\times 126}{100} \\= 630​​

Free Tests

Free
Must Attempt

SSC GD PYP (Held on 4 Feb 2025 S1)

languageIcon English
  • pdpQsnIcon80 Questions
  • pdpsheetsIcon160 Marks
  • timerIcon60 Mins
languageIcon English
Free
Must Attempt

Hindi Section Test 1

languageIcon English
  • pdpQsnIcon20 Questions
  • pdpsheetsIcon40 Marks
  • timerIcon12 Mins
languageIcon English
Free
Must Attempt

SSC GD Constable Full Mock Test 1

languageIcon English
  • pdpQsnIcon80 Questions
  • pdpsheetsIcon160 Marks
  • timerIcon60 Mins
languageIcon English

Similar Questions

test-prime-package

Access ‘SSC GD’ Mock Tests with

  • 60000+ Mocks and Previous Year Papers
  • Unlimited Re-Attempts
  • Personalised Report Card
  • 500% Refund on Final Selection
  • Largest Community
students-icon
354k+ students have already unlocked exclusive benefits with Test Prime!
Our Plans
Monthsup-arrow