Question

A shopkeeper buys $180$ articles for Rs $16,200$ and sells them for a profit of $33.33\%$. Selling price of an article is

• A. $120$
• B. $150$
• C. $180$
• D. $210$

Answer 1

The correct option is A $120$

$\Rightarrow$ Cost price of 180 article = $Rs.16200$

$\Rightarrow$ Cost price of 1 article = $\frac{16200}{180}=Rs.90$

$\Rightarrow$ Profit = $90\times \frac{33.33}{100}=Rs.30$

$\Rightarrow$ Selling price of article = C.P. of 1 article + Profit

$\therefore$ Selling price of article = $Rs.90+Rs.30=Rs.120$