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The cost price of an article is ₹ 390. If it is to be sold at a profit of 3.12 per cent, how much would be Its approximate selling price? -

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Question

The cost price of an article is ₹ 390. If it is to be sold at a profit of 3.12 per cent, how much would be Its approximate selling price?

Options

  • ₹ 410

  • ₹ 402

  • ₹ 417

  • ₹ 420

MCQ

Solution

₹ 402

Explanation:

S.P. of the article

`= (390 xx 103.12)/100` = ₹ 402

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Profit and Loss (Entrance Exam)
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