Question

The cost price of an article is Rs. 400. If it is sold at a profit of 25%, what is the selling price?

• A. Rs. 450
• B. Rs. 475
• C. Rs. 500
• D. Rs. 525

Hint:

Use the formula SP = CP $\times (1 + \frac{\text{Profit}%}{100})$ for quick profit calculations.

Answer 1

The Correct Option is C

- 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.