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?
Show Hint
To calculate selling price, multiply the cost price by \(\left( 1 + \frac{\text{profit percentage}}{100} \right)\).
Updated On: May 22, 2025
- ₹725
- ₹750
- ₹775
- ₹2800
Hide Solution
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: \(\boxed{₹3250}\)
Was this answer helpful?
0
3
Top Questions on Profit and Loss
A shopkeeper buys an item for Rs 2000 and marks it up by 50% to set the marked price. He then offers a 20% discount on the marked price. What is the profit earned by the shopkeeper?
- CUET (UG) - 2025
- General Aptitude
- Profit and Loss
- If the selling price of 75 articles is equal to the cost price of 90 articles, then find the gain percentage.
- CUET (UG) - 2025
- General Aptitude
- Profit and Loss
- The price of a refrigerator is Rs 22,000. A shopkeeper marks its price 15\% above its cost price and gives a discount of 8\%. The discount is
- CUET (UG) - 2025
- Quantitative Aptitude
- Profit and Loss
- A business person buys potatoes of two different varieties P and Q, mixes them in a certain ratio and sells them at ₹192 per kg.
The cost of the variety P is ₹800 for 5 kg.
The cost of the variety Q is ₹800 for 4 kg.
If the person gets 8% profit, what is the P : Q ratio (by weight)?
- An iron beam made with rare materials has its market price dependent on the square of its length. The beam broke into two pieces in the ratio of 4 : 9. If it is sold as two separate pieces, what would be the percentage profit or loss compared to its original value?
View More Questions
Questions Asked in CUET exam
- In a certain code language, "MOTHER" is coded as "OMHTRE". What will be the code for "FATHER"?
- CUET (UG) - 2025
- Logical Reasoning
Rearrange the following parts to form a coherent and meaningful sentence. Choose the correct option.
P: and industries are exploring the use of biodegradable alternatives
Q: as plastic pollution continues to pose a significant threat to the environment,
R: governments, environmental groups,
S: to reduce dependence on single-use plastics- CUET (UG) - 2025
- Sentence Arrangement
- A and B together can complete a task in 10 days. A alone can finish it in 15 days. In how many days can B alone finish the work?
- CUET (UG) - 2025
- Time and Work
- What will be the next number in the series? 2, 6, 12, 20, 30, ?
- CUET (UG) - 2025
- Logical Reasoning
- Find the next term in the series: 3, 6, 11, 18, 27, ?
- CUET (UG) - 2025
- Logical Reasoning
View More Questions