Question

If the cost price of an item is Rs. 200 and it is sold at a 25% profit, what is the selling price?

• A. Rs. 225
• B. Rs. 250
• C. Rs. 275
• D. Rs. 300

Hint:

For profit calculations, use SP = CP \times (1 + \frac{\text{Profit%}}{100}).

Answer 1

The Correct Option is B

The problem requires calculating the selling price of an item given its cost price and the percentage of profit. Here are the steps to solve this:

Step 1: Identify the given values.

• Cost Price (CP) = Rs. 200
• Profit Percentage = 25%

Step 2: Calculate the profit amount using the formula: Profit = (Profit Percentage × CP) / 100

• Substituting the given values: Profit = (25 × 200) / 100 = Rs. 50

Step 3: Determine the Selling Price (SP) using the formula: SP = CP + Profit

• Therefore, SP = 200 + 50 = Rs. 250

The selling price of the item is Rs. 250. Thus, the correct option is:

Rs. 250