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An article bought for Rs.76 was sold at a profit of Rs. 12.50.Find the selling price?
1. 87.50
2. 85.00
3. 88.50
4. None

1 Answer

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Best answer
Correct Answer - Option 3 : 88.50

Given 

Cost price of article = Rs. 76 

Profit = Rs. 12.50

Formula Used 

Selling price = Cost price + profit 

Calculation 

Selling price = 76 + 12.50 = Rs. 88.50

∴ The selling price of article is Rs. 88.5

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