Question 12

The difference between cost price and selling price is Rs 221. If profit percentage is 17%, then what is the selling price (in Rs)?

Solution

Difference between cost price and selling price = Profit = Rs. 221

Profit % = $$\frac{profit}{C.P.}\times100$$

=> $$\frac{221}{CP}\times100=17$$

=> $$CP=\frac{22100}{17}=Rs.$$ $$1300$$

$$\therefore$$ Selling price = Rs. $$(1300+221)=Rs.$$ $$1521$$

=> Ans - (C)

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