Question

The cost price of an article is Rs. 500. It is sold at the profit of 20%, what is the selling price?
(a) Rs. 400
(b) Rs. 600
(c) Rs. 700
(d) Rs. 800

Answer 1

Answer:

SP = Rs.600

Step-by-step explanation:

Cost price = rs.500

Profit% = 20%

SP = 100+profit%/100*500

SP = 120/100*500

SP = 600