Question

By selling a bag at Rs. 230, profit of 15% is made. The selling price of the bag, when it is sold at 20% profit would be:

• A. Rs. 250
• B. Rs. 205
• C. Rs. 240
• D. Rs. 210

Answer 1

Answer:

C. Rs. 240

Let the C. P. of bag be Rs. .x x*115/100=230 x=200 For profit of 20% S. P. of bag=200*120/100= 240