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    Question

    A shopkeeper sells a product in Rs.2,367 and earns 12.5%

    profit. Tell the amount that is equal to half of the purchase price of the product (in Rs.)
    A 1,052 Correct Answer Incorrect Answer
    B 1,062 Correct Answer Incorrect Answer
    C 1,042 Correct Answer Incorrect Answer
    D 1,032 Correct Answer Incorrect Answer

    Solution

    Selling price of the article = Rs. 2367 Cost price of the article = Rs. 2367 x 100/112.5 = Rs. 2104   Half of the cost price = 2104/2 = Rs. 1052

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