If there is a profit of 20% on the cost price of an article, the percentage of profit calculated on its selling price will be:
If there is a profit of 20% on the cost price of an article, the percentage of profit calculated on its selling price will be:
[A]
[B]
[C]
[D]
If the cost price is 100 Rs. Then selling price = 120 Rs.
and gain = 20 Rs.
Required gain %
Hence option [A] is the right answer.
