Question : The cost price of a cooler is Rs. 4800. If the profit percentage is 26%, what is the selling price of the cooler?
Option 1: Rs. 6248
Option 2: Rs. 6048
Option 3: Rs. 6640
Option 4: Rs. 5628
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Correct Answer: Rs. 6048
Solution : The selling price of an item is calculated as the cost price plus the profit. The profit is calculated as a percentage of the cost price. Given that the cost price of the cooler is Rs. 4800 and the profit percentage is 26%. Profit percentage = $\frac{\text{Profit}}{\text{Cost price}}$ × 100 Profit = Cost price × $\frac{\text{Profit percentage}}{100}$ = 4800 × $\frac{26}{100}$ = Rs. 1248 Therefore, the selling price of the cooler is: Selling price = Cost price + Profit = 4800 + 1248 = Rs. 6048 Hence, the correct answer is Rs. 6048.
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