Question

the selling price and cost price of am arricle differs be rs 240 if the profit percentage is 20 then find the cost price

Answer 1

Hlw mate here is your answer
The difference between the CP and SP of an article is Rs.240. If the profit is 20%, the selling price is 


A) Rs.1440

B) Rs.1400

C) Rs.1240

D) Rs.1200


Correct Answer:

A) Rs.1440


Description for Correct answer:
Given, gain% = 20 

Difference between SP and CP = 240

Now, gain% = SP−CPCP×100SP−CPCP×100 

= 20 = 240CP×100240CP×100

CP = 240×5240×5

CP = 1200 

Therefore, SP = 1200 + 240 [Because, SP-CP=240] 

1440




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Answer 2

a is the correct answer