Quantitative Aptitude • Percentage, Profit & LossEasy
A shopkeeper buys a shirt for ₹1,460 and sells it at a profit of 10%. What is the selling price?
A. ₹146
B. ₹1,606✓ Correct Answer
C. ₹1,470
D. ₹1,314
💡 Solution & Explanation
Profit is calculated on the cost price. Profit = 10% of ₹1,460 = ₹146. Selling price = cost price + profit = ₹1,460 + ₹146 = ₹1,606. Shortcut: selling price = cost × (100 + profit%) ÷ 100 = ₹1,460 × 110 ÷ 100.
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