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      Question

      When Anil increases the selling price of a product from

      Rs. 250 to Rs. 275, his profit increases by 10%. What is the cost price of the product?
      A Rs. 250 Correct Answer Incorrect Answer
      B Rs.275 Correct Answer Incorrect Answer
      C Rs. 425 Correct Answer Incorrect Answer
      D Rs. 375 Correct Answer Incorrect Answer

      Solution

      Let the Cp of Product=100 Sp =250 After Increase =Sp =275 Profit =275-250=25 ATQ- 10 =25 100=250. CP of Product =250 Rs.

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