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. Find the actual C.P of the article.

₹ 4570

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₹ 4750

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₹5740

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₹5470

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Solution

The correct option is B ₹ 4750
Given: S.P of the article = ₹7250
Profit on the sale = ₹250
$∴$ The total C.P of the article = S.P - Profit
= 7250 - 250
= ₹7000
Actual C.P of the article = Total C.P - ( transportation charge + installation charge + cost of accessories)
= 7000 - ( 400 + 650 + 1200)
= 7000 - 2250 = ₹ 4750

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