Correct option is A
Given:
Selling price (SP) = Rs. 6875
Profit percentage = 25%
Formula Used:
SP = CP + Profit
Solution:
6875 = 125/100 x CP
CP = Rs. 5500
Given:
Selling price (SP) = Rs. 6875
Profit percentage = 25%
Formula Used:
SP = CP + Profit
Solution:
6875 = 125/100 x CP
CP = Rs. 5500
Suggested Test Series
Suggested Test Series
Atul bought a bicycle at three-fourth price of its marked price and sold it at 20% more than its marked price. What will be the profit percentage?
The cost price of article A is ₹ 500 more than the cost price of article B. Article A is sold at a loss of 10% and B is sold at a profit of 20%. If there is a profit of ₹200 in the entire transaction, then the cost price of article A is :