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
Answers
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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
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