Ali bought watch from a wholesaler for Rs. 250. In addition, he paid a sales tax of 15% on the cost price. He then sold the watch for Rs. 315. How much profit is made by Ali.
- Rs. 27.50
- Rs. 25
- Rs. 22.50
- Rs. 20
Explanation
First, let's calculate the total cost price (CP) including the sales tax:
CP = Rs. 250 (cost) + 15% of Rs. 250 (sales tax)
= Rs. 250 + (15/100) × Rs. 250
= Rs. 250 + Rs. 37.50
= Rs. 287.50
Now, let's calculate the profit:
Profit = Selling Price (SP) - Total Cost Price (CP)
= Rs. 315 - Rs. 287.50
= Rs. 27.50
So, Ali made a profit of Rs. 27.50!
Related MCQs
- 500
- 600
- 480
- 976
اس سوال کو وضاحت کے ساتھ پڑھیں
- 20%
- 25%
- 30%
- 15%
اس سوال کو وضاحت کے ساتھ پڑھیں
- Rs. 55,000
- Rs. 60,000
- Rs. 65,000
- Rs. 70,000
اس سوال کو وضاحت کے ساتھ پڑھیں
- Rs. 2,150
- Rs. 2,250
- Rs. 2,300
- Rs. 2,350
اس سوال کو وضاحت کے ساتھ پڑھیں
- 112.5
- 112.6
- 112.7
- None of these
اس سوال کو وضاحت کے ساتھ پڑھیں
