Question

A shopkeeper buys 80 articles for Rs. 2400 and sells them at a profit of 16%. Find the selling price of one article.

• A. Rs. 29.8
• B. Rs 16.6
• C. Rs. 34.8
• D. Rs. 26.6

Answer 1

Answer: (B), (C)

The correct options are
B

Rs 16.6

C

Rs. 34.8

$Profit=S.P-C.P$
$Profit=0.16\times 2400=384$
$\therefore S.P=Rs.(384+2400)$
$=Rs.2784$
So, the SP of each article $=\frac{2784}{80}$
$=Rs.34.8$