A trader buys some goods for ₹200. If the overhead expenses be 10% of the cost price, then at what price should it be sold to earn 25%?
A trader buys some goods for ₹200. If the overhead expenses be 10% of the cost price, then at what price should it be sold to earn 25%?
एक व्यापारी कुछ सामान ₹200 में खरीदता है। यदि ऊपरी व्यय लागत मूल्य का 10% है, तो 25% लाभ कमाने के लिए उसे किस क्रय मूल्य पर बेचना चाहिए है।
Detailed Solution & Logic
Correct Answer:
₹275
Cost price (CP) = ₹200
Overhead expenses = 10% of CP
Overhead = $10% \times 200 = 20$
Total cost price (Actual CP)
= $200 + 20 = 220$
Required profit = 25%
Profit = $25% \times 220 = 55$
Selling Price (SP)
= $220 + 55 = 275$
Correct Answer: ₹275
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