Answer: The selling price (S.p) is Rs625.
Explanation:
To find the selling price (S.p), we can use the formula:
S.p = C.p + Profit
Given that the cost price (C.p) is Rs500 and the profit is 25%, we can calculate the profit amount as follows:
Profit = 25% of C.p
= 25/100 * C.p
= 25/100 * Rs500
= Rs125
Now, we can find the selling price by adding the cost price and the profit:
S.p = C.p + Profit
= Rs500 + Rs125
= Rs625
Therefore, the selling price (S.p) is Rs625.