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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