Question

Raja bought a piece of cloth for $Rs.900$ and spent $Rs.300$ on designing it. At what price should he sell it to make $30\%$ profit?

• A. $1460$
• B. $1560$
• C. $1660$
• D. $1760$

Answer 1

Answer: (B)

$1560$

$\Rightarrow$ Cost price of cloth = $Rs.900$

$\Rightarrow$ Designing amount spend on cloth = $Rs.300$

$\Rightarrow$ Total amount Raja spend on cloth = $Rs.900+Rs.300=Rs.1200$

$\Rightarrow$ Cloth selling price to make 30% profit = $Rs.1200+Rs(1200\times \frac{30}{100})$

$\Rightarrow$ Cloth selling price to make 30% profit = $Rs.1200+Rs.360=Rs.1560$