1. A shopkeeper sells a product at the rate of Rs.2736 and earns a profit of 12.5%. Find the amount which is equal to half of the cost price of the product. (in Rs.)
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By: anil on 05 May 2019 01.13 am
Selling price = Rs. 2736 and profit % = 12.5% => Cost price = $$frac{2736}{(100+12.5)} imes100$$ = $$24.32 imes100=Rs.$$ $$2432$$ $$ herefore$$ Amount which is equal to half of the cost price of the product = $$frac{2432}{2}=Rs.$$ $$1216$$ => Ans - (C)
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