Sukrit purchased an item for ₹650 and sold it at a profit of 26%. At what price (in ₹) did Sukrit sell the item?
- A813
- B829
- C819
- D823
Solution & Step-by-step Explanation
Given:
Cost Price (CP) = ₹650
Profit percentage = 26%
The selling price (SP) can be calculated as:
SP=CP×(1+
100
Profit%
)
SP=650×(1+
100
26
)
SP=650×
100
126
SP=6.5×126=819
Thus, Sukrit sold the item for ₹819.
Cost Price (CP) = ₹650
Profit percentage = 26%
The selling price (SP) can be calculated as:
SP=CP×(1+
100
Profit%
)
SP=650×(1+
100
26
)
SP=650×
100
126
SP=6.5×126=819
Thus, Sukrit sold the item for ₹819.