The difference between the cost
price and sales price of an article is
Rs. 240. If the profit percent is 20,
at what price was the article sold.
(A) Rs. 1240 (B) Rs. 1440
(C) Rs. 1600 (D) Rs. 1400
Answers
Answered by
5
Answer:
The article was sold for Rs. 1440
Step-by-step explanation:
Profit = Rs. 240
Profit percent = 20% , Let c.p be x
ATQ,
240/x x 100 = 20
24000/x = 20
= 24000/20 = x
1200
Since s.p - c.p = 240
1200 - s.p = 240
s.p = 1200 + 240 = 1440
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