Choose the correct option in the transaction:
Cost Price = Rs.1235 and Selling Price = Rs.1638

Loss of Rs.38

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Loss of Rs.403

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Profit of Rs.403

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Profit of Rs.400

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Solution

The correct option is C Profit of Rs.403
As Selling Price > Cost Price , there is a Profit.
Profit = SP - CP = Rs. 1638 - Rs. 1235 = Rs. 403.

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Similar questions

Choose the correct option in the transaction:

Cost Price = ₹ 1235 and Selling Price = ₹1638

1638

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Four alternative options are given for each of the following statements.

Select the correct option.

The marked price of an article is Rs 200. If 15% of discount is allowed on it, its selling price is:

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C. Rs 215

D. Rs 175

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