A shopkeeper bought an article for ₹500.

A shopkeeper bought an article for ₹500. At what price (in ₹) should he sell the article to make 28% profit?
एक दुकानदार ने ₹500 में एक वस्तु खरीदी। 28% लाभ प्राप्त करने के लिए उसे वस्तु को किस मूल्य (₹ में) पर बेचना चाहिए?

628 652 640 360

Detailed Solution & Logic

Correct Answer:

640

Cost Price (CP)= ₹500
Profit % = 28%
Selling Price (SP) = CP + $ \text{Profit} = CP \left(1 + \frac{28}{100}\right) $
$ SP = 500 \times \frac{128}{100} $
$ SP = 500 \times 1.28 = ₹640 $
Answer = ₹640

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