Question

The selling price and cost price of an article differ by Rs.240. If the profit percentage is 20, find the selling price.

a) Rs.1440 b) Rs.1200 c) Rs.1420 d) Rs.1540

Answer 1

Answer:

Step-by-step explanation:

profit% = 20%

SP-CP=240

PROFIT%=SP-CP/CP*100

             20=240/CP*100

             CP=240*5

             CP=1200

SP=1200+240

   =1440