Question

Mia bought a laptop for ₹ 21,000 and sold it to her friend at a profit equal to ${\frac{1}{5}}^{\text{th}}$ of the cost price. How much did her friend pay Mia?

• A. ₹ 21000
• B. ₹ 26200
• C. ₹ 25200
• D. ₹ 16800

Answer 1

The correct option is C

₹ 25200

$\text{Cost Price (CP) of the laptop}=₹21,000$
$\text{Profit}=\frac{1}{5}\times \text{CP}$
$=\frac{1}{5}\times ₹21,000$
$=₹4200$

$\text{Amount paid by Neha's friend}\text{= CP + Profit}$
$=₹21000+₹4200$
$=₹25,200$