Question:
A shopkeeper buys an item for ₹2600 and sells it at a 25%profit. What is the selling price?
A shopkeeper buys an item for ₹2600 and sells it at a 25%profit. What is the selling price?
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To calculate selling price, multiply the cost price by \(\left( 1 + \frac{\text{profit percentage}}{100} \right)\).
Updated On: Jul 15, 2025
- ₹725
- ₹750
- ₹775
- ₹2800
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Verified By Collegedunia
The Correct Option is D
Solution and Explanation
Given:
- Cost Price (C.P.) = ₹2600
- Profit percentage = 25%
Selling Price (S.P.) is calculated as:
\[
S.P. = C.P. \times \left( 1 + \frac{\text{Profit Percentage}}{100} \right)
\]
Substitute the values:
\[
S.P. = 2600 \times \left( 1 + \frac{25}{100} \right) = 2600 \times 1.25 = ₹3250
\]
% Final answer
Answer: \(\boxed{₹3250}\)
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