Find the selling price of an article (in ₹) if the cost price is ₹4,500 and gain is 5%.
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e 4‚725.
Selling Price = Cost Price × (1 + Gain%)
⇒ 4500 × (1 + 5/100) = 4500 × 1.05 = ₹4725