Question:

Stephen bought a clock for 3,924 and sold it. If Stephen earned a profit of 25%,then what was selling price of the clock?

Updated On: Mar 4, 2025
  • 981
  • 4,905
  • 2,943
  • 4,234
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The Correct Option is B

Solution and Explanation

Calculating the Selling Price (SP):

Formula for Selling Price:

The selling price (SP) is calculated using the formula: 

\[SP = CP \times \left(1 + \frac{\text{Profit \%}}{100} \right)\]

Step 1: Given Data

  • Cost Price (\( CP \)) = Rs 3,924
  • Profit Percentage = 25%

Step 2: Substituting the Values

\[ SP = 3,924 \times \left(1 + \frac{25}{100} \right) \]

\[ SP = 3,924 \times 1.25 \]

Step 3: Compute the Selling Price

\[ SP = 4,905 \]

Final Answer:

Thus, the selling price is Rs 4,905 (Option B).

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