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    Question

    A shopkeeper sells a product in Rs.2,160 and earns 12.5%

    profit. Tell the amount that is equal to half of the purchase price of the product (in Rs.)
    A 942 Correct Answer Incorrect Answer
    B 865 Correct Answer Incorrect Answer
    C 960 Correct Answer Incorrect Answer
    D 924 Correct Answer Incorrect Answer

    Solution

    Selling price of the article = Rs. 2160 Cost price of the article = Rs. 2160 x 100/112.5 = Rs. 1920   Half of the cost price = 1920/2 = Rs. 960

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