Question:
A shopkeeper buys an item for Rs.2800 and sells it at a 15% profit. What is the selling price?
A shopkeeper buys an item for Rs.2800 and sells it at a 15% profit. What is the selling price?
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Multiply cost price by $(1 + \frac{Profit}{100})$ to get selling price.
Updated On: Feb 27, 2026
- Rs.3120
- Rs.3140
- Rs.3220
- Rs.3240
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The Correct Option is C
Solution and Explanation
Concept: Selling price with profit: \[ SP = CP \left(1 + \frac{Profit}{100}\right) \]
Explanation: CP = 2800, Profit = 15% \[ SP = 2800 \times 1.15 = 3220 \]
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