Question

Rani bought a piece of cloth for Rs. $950$ and spent Rs. $300$ on designing it. At what price should she sell it to make $30\%$ profit?

• A. Rs. $1134$
• B. Rs. $1367$
• C. Rs. $1521$
• D. Rs. $1625$

Answer 1

The correct option is D Rs. $1625$

Rani bought the cloth for Rs. $950$

Amount spent on designing $=$ Rs. $300$

Net $C.P.$ of the cloth $=950+300=$ Rs. $1250$

Profit $=30\%$

$\therefore$ $S.P.$ $=\frac{100+\text{profit}\%}{100}\times$ $C.P.$

$\Rightarrow \frac{130}{100}\times 1250=$ Rs. $1625$