Question

Find sp when cp =20 and gain%=20%

Answer 1

Answer:

Sp : 24

Step-by-step explanation:

Given CP= 20

Sold at 20% profit

That means it was sold at a price which was 20% more than cost price

So 20% of cp = 20/100×20 = 4

Profit = 4

Sp = cp + profit

Sp = 20 + 4

Sp = 24