Question

The profit on an article sold for ₹7250 was ₹250. If the transportation charge was ₹400, installation charge was ₹650 and the cost of accessories was ₹1200. Enter the actual C.P of the article in rupees.

• A. 4750

Answer 1

The correct option is A 4750
Given: S.P of the article = ₹7250
Profit on the sale = ₹250
$\therefore$ The total C.P of the article = S.P - Profit
= 7250 - 250
= ₹7000

Total C.P = Actual C.P +(other expenses incurred)

So, Actual C.P of the article = Total C.P - (transportation charge + installation charge + cost of accessories)

Actual CP = 7000 - (400 + 650 + 1200)
= 7000 - 2250
= ₹4750