alleryA shopkeeper sells an item at a profit of $25\%$. If the cost price is ₹$240$, find the selling price.
A₹$260$
B₹$275$
C₹$290$
D₹$300$
Answer & Solution
Correct answer: D. ₹$300$
SP $= \dfrac{(100 + \text{Gain}\%)}{100} \times \text{CP} = \dfrac{125}{100} \times 240 = ₹300$.
Keep practising Profit and Loss
Browse all Profit and Loss questions for AFCAT, or explore more Quantitative Reasoning topics.
Related questions
A dishonest dealer claims to sell his goods at cost price but uses a weight of $950$ g in By selling $33$ metres of cloth a man gains the cost price of $11$ metres of cloth. Find hA trader sold an article for ₹$828$ at a loss of $8\%$. At what price should he sell it toAn item is bought for ₹400 and sold for ₹480. Find the gain percent.