wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Ken sold a Bluetooth speaker for ₹2500. If he made a profit of 25%, what was the cost price of the speaker?

A
₹1700
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
₹1750
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
₹1800
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
₹2000
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
Open in App
Solution

The correct option is D ₹2000
Given,​
Selling Price = ₹2500, Profit Percent = 25%​
So, Selling Price = Cost Price + 25% of Cost Price​

=> Selling Price = 125 % of Cost Price​
=> 2500 = 1.25 × Cost Price​

Hence, Cost Price = ₹2000

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Introduction to the basic terms in buying and selling ( Profit, Loss, SP and CP)
MATHEMATICS
Watch in App
Join BYJU'S Learning Program
CrossIcon