An article bought for ₹1,400 is sold at a profit of 30%. What is its selling price?

Profit and Loss · Quantitative Aptitude · Easy · Practice for SSC CGL Tier 1

An article bought for ₹1,400 is sold at a profit of 30%. What is its selling price?

  1. ₹1,820
  2. ₹1,960
  3. ₹1,890
  4. ₹1,750
Answer and solution

Correct answer: A) ₹1,820

SP = CP × (100 + profit%) / 100 = 1,400 × 130 / 100 = ₹1,820.

Learn the method: Profit and Loss rules and worked examples · SSC CGL Tier 1 Quantitative Aptitude

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