Multiple choice

Cost price of an article is Rs. 565 when a man sells it at a profit of 35%. Find the selling price of the article.

  1. Rs. 762.75

  2. Rs. 762.50

  3. Rs. 700

  4. Rs. 800

  5. None of these

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

SP = CP (100 + profit%)/100

= 565(100 + 35)/100,

= 762.75,

So, the SP of the article is Rs. 765.75.