Question

The difference between the selling price and cost price of an article is Rs. $200$. If the profit is $25\%$, then the selling price of the article is?

• A. $1000$
• B. $600$
• C. $800$
• D. $1200$

Answer 1

The correct option is A $1000$

$SP-CP=Rs.200$

Profit % $=20\%$

Profit % $=\frac{Profit\times 100}{CP}$

$\Rightarrow 25=\frac{200\times 100}{CP}$

$\Rightarrow CP=\frac{200\times 100}{25}=Rs.800$

$SP-CP=Rs.200$

$\Rightarrow SP=CP+Rs.200$

$\Rightarrow SP=Rs.800+Rs.200$

$\Rightarrow SP=Rs.1000$