what should be the selling price of the item to gain 25% profit?

If an item purchased in Rs.8,000, what should be the selling price of the item to gain 25% profit?

  1. Rs.1,000
  2. Rs.9,000
  3. Rs.10,000
  4. Rs.11,000
Anurag Mishra Professor Asked on 14th December 2015 in Maths.
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1 Answer(s)

Answer: (3) Rs. 10, 000

Explanation:-
The cost price of an item = Rs. 8, 000
Profit = 25%

Then, the selling price of the same item = 8, 000 + 8, 000 x 25/100
= 8, 000 + 2, 000
= Rs. 10, 000

Then, the selling price of the same item is Rs. 10, 000.

Hence, the answer is (3) Rs. 10, 000.

Anurag Mishra Professor Answered on 15th December 2015.
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