Question

A person purchases 100 pens at a discount of 10%. The net amount of money spent by the person to purchase the pens is Rs 600. The selling expenses incurred by the person are 15% on the net cost price. What should be the selling price for 100 pens in order to earn a profit of 25%?

• A. Rs. 802.50
• B. Rs 811.25
• C. Rs. 862.50
• D. Rs 875

Answer 1

The correct option is C Rs. 862.50

$100$ pens are purchased with $10\%$ discount with$Rs.600$

Selling expenses$=15\%\times 600=Rs.90$

Total $CP=600+90=Rs.690$

To earn $25\%$ profit ,

$SP$ will be$=125\%\times 690=Rs.862.5$