Multiple choice

The difference between the selling price and cost price of an article is Rs. $200$. If the profit is $25\%$, then the selling price of the article is?

  1. $1000$
  2. $600$
  3. $800$
  4. $1200$
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Profit is 25% of the cost price (CP). The difference between SP and CP is the profit, so 0.25 * CP = 200. Thus, CP = 200 / 0.25 = 800. The selling price (SP) is CP + profit = 800 + 200 = 1000.

AI explanation

Given that the profit is Rs. 200 and the profit percentage is 25%, use the formula Cost Price equals Profit divided by Profit Percentage times 100. Substituting the values gives 200 divided by 0.25, making the cost price Rs. 800. The selling price is then calculated as Cost Price plus Profit, resulting in 800 plus 200, which equals Rs. 1000.

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