A) 4%
B) 5%
C) 6%
D) 10%
Correct Answer: B
Solution :
Let the cost price of the article be Rs x. Now, \[x+\frac{20x}{100}=3600\] \[\Rightarrow \,\,\,\,\,\,\frac{120x}{100}=3600\therefore x=3000\] Now, profit percentage when the article is sold for \[Rs\,\,3150=\frac{3150-3000}{3000}\times 100\] = \[\frac{150}{3000}\times 100=\mathbf{5}%\]You need to login to perform this action.
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