If a shirt costs ₹200 and is sold at a profit of ₹50, what is the selling price?
Show answer & explanation
Correct answer: B
Explanation
Given:
• Cost Price (CP) = ₹200
• Profit = ₹50
Formula:
Selling Price (SP) = Cost Price + Profit
SP = ₹200 + ₹50 = ₹250
Therefore, the correct option is (B).