allerySelling at Rs 480 gives a 20% profit. At what price would the profit be 35%?
ARs 520
BRs 560
CRs 580
DRs 540
Answer & Solution
Correct answer: D. Rs 540
Cost = 480/1.2 = 400, and a 35 percent profit gives 400 x 1.35 = Rs 540.
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