A shopkeeper makes a 25% profit by selling a shirt for ₹750. What is the cost price?
Show answer & explanation
Correct answer: A
Explanation
Given:
SP = 125% of CP
SP = ₹750
CP = 750 × 100/125
CP = ₹600
SSC Selection Post - Matriculation Level - 30th July 2025 - Shift 1 • Quantitative Aptitude • Q33
A shopkeeper makes a 25% profit by selling a shirt for ₹750. What is the cost price?
Correct answer: A
Explanation
Given:
SP = 125% of CP
SP = ₹750
CP = 750 × 100/125
CP = ₹600