A cloth piece was purchased for Rs. 600 . At what price should it be sold to get a profit of 12.5\% after tailoring charges of Rs. 40 were paid for? - Quantitative Aptitude MCQ Competitive Exam 2026 | ExamTest.live

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A cloth piece was purchased for Rs. 600 . At what price should it be sold to get a profit of 12.5% after tailoring charges of Rs. 40 were paid for?

Solution & Step-by-step Explanation

Purchasing cost of cloth = Rs. 600 Tailoring charges paid = Rs. 40 Total Cost Price (CP) = 600 + 40 = Rs. 640 Desired profit percentage = 12.5% = \frac{12.5}{100} = \frac{1}{8} Profit Amount = Total CP \times 12.5% = 640 \times \frac{1}{8} = Rs. 80 Selling Price (SP) = Total CP + Profit Amount = 640 + 80 = Rs. 720

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A cloth piece was purchased for Rs. 600 . At what price should it be sold to get a profit of 12.5% after tailoring charges of Rs. 40 were paid for?

Rs. 640

Rs. 680

Rs. 700

Rs. 720

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