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      Question

      A shopkeeper sells a product in Rs.2,160 and earns 12.5%

      profit. Tell the amount that is equal to half of the purchase price of the product (in Rs.)
      A 942 Correct Answer Incorrect Answer
      B 865 Correct Answer Incorrect Answer
      C 960 Correct Answer Incorrect Answer
      D 924 Correct Answer Incorrect Answer

      Solution

      Selling price of the article = Rs. 2160 Cost price of the article = Rs. 2160 x 100/112.5 = Rs. 1920 Β  Half of the cost price = 1920/2 = Rs. 960

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