Question

Peter purchased a machine for Rs. 80,000 and spent Rs. 5000 on repair and Rs. 1000 on transport and sold it with 25% profit. At what price did he sell the machine?

• A. Rs. 1,05,100
• B. Rs. 1,06,250
• C. Rs. 1,07,500
• D. Rs. 1,17,500
• E. None of these

Answer 1

The correct option is C

Rs. 1,07,500

C.P = Rs. (80000 + 5000 + 1000) = Rs. 86000, Profit = 25%.

$\therefore$S.P = 125% of Rs. 86000 = Rs. $\left(\frac{125}{100}\times 86000\right)$=Rs. 107500.