Profit and loss

Quantitative Aptitude (CHSL)

Title

45:30

8 of 24 completed

5 of 15 completed

38 of 100 completed

8 of 20 completed

Indian Economy - Understanding the basics of Indian economic system

The cost price of an article is Rs.6,450. If it sold at a profit 16%, how much would be its selling price?

This questions was previously asked in

SSC CHSL 25th May 2022 Shift-2

Rs.7,482

Rs.7,428

Rs.7,842

Rs.7,282

To find the selling price with a 16% profit, follow this formula:

- Selling Price = Cost Price + (Profit% of Cost Price)

- = Rs.6,450 + (16% of Rs.6,450)

- = Rs.6,450 + (0.16 × Rs.6,450)

- = Rs.6,450 + Rs.1,032

- = Rs.7,482

Now, let's check the options provided:

- Option 1: Rs.7,482 - This matches the calculated selling price.

- Option 2: Rs.7,428 - This is lower than the calculated price.

- Option 3: Rs.7,842 - This is higher than the calculated price.

- Option 4: Rs.7,282 - This is significantly lower than the calculated price.