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 A person buys an article at Rs.500. At what price should he sell the article so as to make a profit of 20%?

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 A person buys an article at Rs.500. At what price should he sell the article so as to make a profit of 20%?

A). Rs. 440

B). Rs. 600

C). Rs. 780

D). Rs. 900


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Answered by on | Votes 0 |

Rs. 600



Cost price = Rs.500
profit = 20% of 500 = Rs.100
Selling price = Cost price + Profit
= 500 + 100 = 600

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