Question:The difference between the cost price and sale price of an article is Rs. 240. If the profit percent is 20. at what price was the article sold ? 

A Rs. 1240 
B Rs. 1400 
C Rs. 1600 
D None of these 

+ Answer
D 

+ Explanation
Let S.P be Rs. x

Then, C.P = (x - 240)

`:. (240)/(x - 240) xx 100`

`20 => x - 240 = 1200 => x = 1440

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Irin Moni

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