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Profit, Loss & Discount · Question 4 of 72

Question 4

EasyOriginal question

A tailor spends ₹840 on material for a kurta and wants a profit of 25%. At what price should he sell it?

Options for question 4

Show the answer and explanation
CorrectNot quiteAnswer C

Correct answer: C

Explanation

  1. SP = CP × (100 + profit %) ÷ 100=840×125100100 = 840 \times \frac{125}{100}.

  2. SP = ₹1,050.

Worth noting

₹1,120 comes from dividing 840 by 0.75, which mixes up the formula. Adding 25 rupees (₹865) confuses per cent with rupees.

Concept
Selling price from cost price and profit %
Typical time
30 s
Your time
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The rule this testsProfit and loss
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