An article costs ₹800 in total. At what selling price will it earn a 25% profit on cost?
A₹1,000
B₹825
C₹960
D₹1,200
Answer & Solution
Correct answer: A. ₹1,000
The profit is one quarter of ₹800, or ₹200, giving a selling price of ₹1,000.
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