A shopkeeper bought an article for ₹520. At what price (in ₹) should he sell the article to make 30% profit?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. 676.
Cost Price = ₹520
Profit = 30%
Selling Price = 520 + 30% of 520
= 520 + (0.30 × 520)
= 520 + 156 = ₹676