Kishore purchased an apple for ₹25. What would be the selling price to get 25% profit?
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. ₹ 31.25
Cost Price (CP) = ₹25
Profit = 25% of ₹25 = ₹6.25
Selling Price (SP) = CP + Profit = 25 + 6.25 = ₹31.25