Question

Find the selling price if :

C.P. = Rs. 950 and profit = 8%

• A. Rs. 1,356
• B. Rs. 1,026
• C. Rs. 930
  
• D. Rs. 820
  

Answer 1

Answer: (B)

Rs. 1,026

Profit % $=\frac{S.P.-C.P.}{C.P}\times 100$
$=>\frac{S.P.-950}{950}\times 100=8$
$=>S.P.-950=76$
$=>S.P.=Rs1,026$