Question

Cost of an item is *500. It was sold with a profit of 20%. Then the selling price of an
item is​

Answer 1

given , CP = Rs = 500

P % = 20 %

using SP = CP [100 + P %] / 100

= 500 [100 + 20] / 100

=500×120×100

=

∴ The selling price is Rs 600000