Question

    A shopkeeper buys 20 articles for ₹5000 and sells them

    at a profit of 30%. What is the selling price of each article?
    A ₹312.5 Correct Answer Incorrect Answer
    B ₹325 Correct Answer Incorrect Answer
    C ₹350 Correct Answer Incorrect Answer
    D ₹375 Correct Answer Incorrect Answer

    Solution

    Cost price per article = ₹5000 ÷ 20 = ₹250. Selling price per article = ₹250 × 1.30 = ₹325. Correct Option: b) ₹325

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