Q. A carpet is bought for ₹2500 and sold at a profit of 16%. What is the selling price?
✅ Correct Answer: (C)
₹2900
Explanation: Profit = 16% of 2500 = ₹400. SP = 2500 + 400 = ₹2900.
Explanation by: Yami Thakur
Profit = 16% of 2500 = ₹400. SP = 2500 + 400 = ₹2900.