Shubham bought a book from Meesho at Rs500 Meesho also charged an additional Rs25 for packaging and ...........

Quantitative Aptitude (MTS) Profit and loss

Shubham bought a book from Meesho at Rs500. Meesho also charged an additional Rs25 for packaging and Rs50 for delivering

the book. For what amount should Shubham sell his book to make a profit of 16%?

This questions was previously asked in

SSC MTS 8th July 2022 Shift-2

Rs667

Rs612

Rs783

Rs458

- Shubham's initial cost is Rs500.

- Additional charges: Rs25 for packaging and Rs50 for delivery.

- Total cost = 500 + 25 + 50 = Rs575.

- Desired profit = 16% of total cost.

- Profit amount = 16% of 575 = Rs92.

- Selling price = Total cost + Profit amount = 575 + 92 = Rs667.

- Option 1: Rs667 - This is the correct selling price for a 16% profit.

- Option 2: Rs612 - This falls short for the intended profit.

- Option 3: Rs783 - This exceeds the required selling price.

- Option 4: Rs458 - This is less than the total cost itself.

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