Prasad sold his work tools for Rs 1,850 and earned a profit of 25 percent. At what price did Prasad buy the work tools ?

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BANK PO Exam (Indian Bank) 2011 click here to view all questions

Prasad sold his work tools for Rs 1,850 and earned a profit of 25 percent. At what price did Prasad buy the work tools ?

ARs 1,360

BRs 1,300

CRs 1,240

D Rs 1,480

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Correct answer is:  Rs 1,480 Explanation: $\text{C.P = }\Large \frac{100}{100+ \text{Profit percent}} \times \text{S.P}$ $= \Large \frac{100}{125} \times 1850 \text{ = Rs. 1480}$ nithin ? answered Aug 1 '2022 at 8:30 All Comments

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