Question

    A shopkeeper purchases 5 packs of chips for Rs. 75. For

    how much should he sell one pack to get a profit of 25%?
    A 17.75 Correct Answer Incorrect Answer
    B 12.45 Correct Answer Incorrect Answer
    C 15.65 Correct Answer Incorrect Answer
    D 18.75 Correct Answer Incorrect Answer

    Solution

    CP of one pack = 75/5 = 15 Rs Selling price (SP) with 25% profit: SP = 15 ×125 100 = 15 × 1.25 =18.75 Rs Thus, the shopkeeper should sell one pack for Rs. 18.75.

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