A) 120%
B) 160%
C) 40%
D) 60%
Correct Answer: D
Solution :
Let the cost price of the article \[=Rs.\,x\] \[\therefore \] SP of the article \[=Rs.\frac{8}{5}x\] \[\therefore \] Profit \[=Rs.\frac{3x}{5}\] Profit percentage \[=\frac{3x/5}{x}\times 100%=\frac{300}{5}=60%\]You need to login to perform this action.
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