Multiple Choice Questions on The cost price of an article is Rs 480 If it is to be sold at a profit of 6 25 percent how much woul........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

The cost price of an article is Rs 480 If it is to be sold at a profit of 6 25 percent how much woul...........

Quant (SSC) Profit and loss
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    The cost price of an article is Rs. 480. If it is to be sold at a profit of 6.25 percent, how much would be its selling price ?

    510

    Correct Answer

    530

    Incorrect Answer

    503

    Incorrect Answer

    519

    Incorrect Answer
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    Explanation:

    SP = 100 + Profit%/100 x CP
    = 100 + 6.25/100 x 480
    = 106.25/100 x 480 =  Rs. 510

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