Quantitative Aptitude • Percentage, Profit & LossEasy
A vendor buys a school bag for ₹1,820 and sells it at a profit of 15%. What is the selling price?
A. ₹1,547
B. ₹1,835
C. ₹2,093✓ Correct Answer
D. ₹273
💡 Solution & Explanation
Profit is calculated on the cost price. Profit = 15% of ₹1,820 = ₹273. Selling price = cost price + profit = ₹1,820 + ₹273 = ₹2,093. Shortcut: selling price = cost × (100 + profit%) ÷ 100 = ₹1,820 × 115 ÷ 100.
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