Question

Cost price of a bicycle is Rs 4000. If the profit to be made by selling it to the customer is 40$\%$, what should be the selling price?

• A. Rs 4600
• B. Rs 5600
• C. Rs 6600
• D. Rs 4800

Answer 1

The correct option is B

Rs 5600

Cost price = Rs 4000

Profit = 40% = $\frac{40}{100}\times 4000$ = Rs 1600

Selling price = C.P.+Profit = Rs 5600