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
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.
Related Questions
Know More about
Staff Selection Commission Multi Tasking ...
Application | Cutoff | Selection Process | Preparation Tips | Eligibility | Exam Pattern | Admit Card
Get Updates BrochureYour Staff Selection Commission Multi Tasking Staff Exam brochure has been successfully mailed to your registered email id “”.