Paper 1 · Mathematical Reasoning and Aptitude
The cost price of an article is Rs 4800. It is to be sold at a profit of 6.25%. What should its selling price be?
ARs 5100 ✓ Correct
BRs 5150
CRs 5400
DRs 5500
Correct answer: (A) Rs 5100 — The selling price should be Rs 5100, so that is the answer.
Explanation
★The selling price should be Rs 5100, so that is the answer.
★A profit of 6.25% is added to the cost price of Rs 4800.
★6.25% of 4800 is 300.
★So the selling price is 4800 plus 300.
★This gives 5100.
★So the selling price should be Rs 5100.
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