A person buys an article at Rs.500. At what price should he sell the article so as to make
Q1. A person buys an article at Rs.500. At what price should he sell the article so as to make
Answer: profit of 20%? Profit-Loss Rs.600
Explanation: Selling price for 20% profit = CP × 1.20 = 500 × 1.20 = Rs.600.