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Profit and Loss

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  1. A calculator is bought for ₹ 350 and sold at a gain of 15%. What will be the selling price of calculator (in ₹) ?
    1. 358
    2. 375
    3. 472
    4. 402.50
Correct Option: D

Given, CP = ₹ 350 and gain = 15%
∴ SP = [(100 + Gain%) / 100] x CP
= (115/100) x 350 = 115 x (7/2)
= ₹ 402.50


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