Q204
"Total cost of a product: Rs 10,000. Profit: 25% on Selling Price Profit is:"
A.
Rs. 2,500
B.
Rs. 3,000
C.
Rs. 3,333
AnswerD.
Rs. 2,000
Answer: Option C
Solution
Answer: Option C
Solution:
Profit on C.P = 10000 × 25/100 = 2500 Profit on S.P = 2500/(10000-2500) × 10000 = Rs. 3,333.