Question

A shopkeeper bought an article for INR 520. At what price (in INR) should he sell the article to make 10% profit?

• A. 560
• B. 572
• C. 468
• D. 584

Answer 1

Answer:

B. 572

Cost Price (CP) = ₹520
Profit = 10%

Selling Price (SP) is calculated as:
$\text{SP} = \text{CP} \times \left(1 + \frac{10}{100}\right)$
$\text{SP} = 520 \times 1.10 = 572$

He should sell the article for ₹572.