An item is sold for ₹702 at a profit of ₹162. If an additional! profit of 10% is to be made, then the new selling price will be:
Answer & explanation
Correct answer: option 1
SP of the item = 702
CP of the item = 702 – 162 = 540
New selling price of the article =
540 + 540 × \(\frac{10}{10}\) + 162
= 540 + 54 + 162
= 756