Question:
The cost price of an article is Rs. 400. If it is sold at a profit of 25%, what is the selling price?
The cost price of an article is Rs. 400. If it is sold at a profit of 25%, what is the selling price?
Show Hint
Use the formula SP = CP $\times (1 + \frac{\text{Profit}%}{100})$ for quick profit calculations.
Updated On: Jul 29, 2025
- Rs. 450
- Rs. 475
- Rs. 500
- Rs. 525
Hide Solution
Verified By Collegedunia
The Correct Option is C
Solution and Explanation
- Step 1: Cost price = Rs. 400, Profit = 25%.
- Step 2: Selling price = Cost price $\times (1 + \frac{\text{Profit}%}{100}) = 400 \times 1.25 = 500$.
- Step 3: Verify: Profit = $500 - 400 = 100$, which is $25%$ of 400.
- Step 4: Check options: Option (3) is Rs. 500, correct.
- Step 2: Selling price = Cost price $\times (1 + \frac{\text{Profit}%}{100}) = 400 \times 1.25 = 500$.
- Step 3: Verify: Profit = $500 - 400 = 100$, which is $25%$ of 400.
- Step 4: Check options: Option (3) is Rs. 500, correct.
Was this answer helpful?
0
0
Top Questions on Profit and Loss
- A bought an article at a certain price and sold it at 10% profit. B bought the same article at a price 10% lesser than A and sold it at ₹18 lesser than A. B's gain percentage in this deal is 20%. At what price B bought the article?
- CUET (PG) - 2025
- General
- Profit and Loss
- A shopkeeper bought an item for ₹7825 and marked it at 30% higher than the cost price. If he sells the item by allowing 20% discount, then his profit percentage will be:
- CUET (PG) - 2025
- General
- Profit and Loss
- What will be the profit percentage on selling an article at a certain price if there is 30% loss on selling the article at \(\frac{4}{5}\) of the selling price?
- CUET (PG) - 2025
- General Management
- Profit and Loss
- Two bikes were sold for a total of Rs.1,50,000. One bike was sold at \(33\frac{1}{3}\)% loss and the other at 20% profit. The cost price of the first bike is equal to the selling price of the other bike. Find the overall loss.
- CUET (PG) - 2025
- General Management
- Profit and Loss
- A shopkeeper makes a profit of 17% by giving a discount of 22% on the marked price of an article. But with a view to gain more profit, he reduces the discount to 18% and makes a higher profit. How much is the difference in his profit percentage with this reduction in discount?
- MAT - 2025
- Mathematics
- Profit and Loss
View More Questions
Questions Asked in CAT exam
- Let $x$, $y$, and $z$ be real numbers satisfying
\(4(x^2 + y^2 + z^2) = a,\)
\(4(x - y - z) = 3 + a.\)
Then $a$ equals ?- CAT - 2024
- Algebra
- The sum of all real values of $k$ for which $(\frac{1}{8})^k \times (\frac{1}{32768})^{\frac{4}{3}} = \frac{1}{8} \times (\frac{1}{32768})^{\frac{k}{3}}$ is
- CAT - 2024
- Logarithms
- ABCD is a rectangle with sides AB = 56 cm and BC = 45 cm, and E is the midpoint of side CD. Then, the length, in cm, of radius of incircle of \(\triangle ADE\) is
- CAT - 2024
- Mensuration
When $10^{100}$ is divided by 7, the remainder is ?
- CAT - 2024
- Basics of Numbers
- If $(a + b\sqrt{n})$ is the positive square root of $(29 - 12\sqrt{5})$, where $a$ and $b$ are integers, and $n$ is a natural number, then the maximum possible value of $(a + b + n)$ is ?
- CAT - 2024
- Algebra
View More Questions