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A shopkeeper bought an article for &520. At what price (in 7) should he sell the article to make 20% profit?

A612

B636

C624

D416

Answer:

C. 624

Read Explanation:

Assume the cost price (CP) = ₹520

Profit = 20% of CP

Profit=20\text{Profit} = 20% \text{ of } 520 = \frac{20}{100} \times 520 = 104
Selling Price (SP)

SP=CP+Profit=520+104=624SP = CP + Profit = 520 + 104 = 624


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