A. Rs. 50.00
B. Rs. 78.66
C. Rs. 48.50
D. Rs. 37.00
🧠 Explanation:
The selling price of an article is Rs. 118 with a 50% profit, meaning the cost price is 100/150 × 118 = Rs. 78.66. For math or commerce students, this highlights profit calculations, making it a key topic for studying percentages, business mathematics, and financial analysis. Understanding cost-price relationships aids in pricing strategies and economic decision-making. This problem emphasizes practical applications in retail, budgeting, and trade. Studying such calculations enhances numerical skills, financial literacy, and problem-solving abilities, making it essential for business studies, accounting, and real-world scenarios involving profit margins and cost management in commercial transactions.
