A shopkeeper bought an article for ₹520. At what price (in ₹) should he sell the article to make 20% profit?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is Option 2 i.e. 624 .
Cost Price = ₹520
Profit = 20%
Selling Price = 520 × (1 + 20/100) = 520 × 1.20 = ₹624