Multiple choice

The cost price of an article is Rs. 122. If profit percentage is 56%, then what is the selling price (in Rs.) of the article?

  1. 277.27

  2. 217.85

  3. 175.68

  4. 190.32
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Selling Price = Cost Price * (1 + Profit%). SP = 122 * 1.56 = 190.32.

AI explanation

Using the Selling Price formula, Selling Price = Cost Price + (Profit Percentage / 100) * Cost Price. The profit amount is 56% of 122, which equals 68.32. Adding this profit to the original cost price of 122 gives a final selling price of 190.32. The result is Rs. 190.32.

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