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    4. Profit and loss
    5. A trader purchases a product for Rs. 250 and earns a profit of 45%. Calculate the selling price of t

    Question

    A trader purchases a product for Rs. 250 and earns a profit

    of 45%. Calculate the selling price of the product.
    A Rs.259.50 Correct Answer Incorrect Answer
    B Rs.362.50 Correct Answer Incorrect Answer
    C Rs.349.25 Correct Answer Incorrect Answer
    D Rs.177.22 Correct Answer Incorrect Answer

    Solution

    ATQ,

    Required selling price = 145% of 250 = (1.45) × 250 = Rs. 362.50

    Practice Next
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