A shopkeeper bought an article for &520. At what price (in 7) should he sell the article to make 20% profit?A612B636C624D416Answer: C. 624 Read Explanation: Assume the cost price (CP) = ₹520Profit = 20% of CPProfit=20\text{Profit} = 20% \text{ of } 520 = \frac{20}{100} \times 520 = 104Profit=20 Selling Price (SP)SP=CP+Profit=520+104=624SP = CP + Profit = 520 + 104 = 624SP=CP+Profit=520+104=624 Read more in App