On selling an article for Tk. 550, a man gains 10%. What will be the selling price, if desired profit is 20%?

A Tk. 500
B Tk. 600
C Tk. 660
D Tk. 715

Correct Answer: Tk. 600

At 10% gain, If selling price Tk(100 + 10) or 110 cost Tk.110 If selling price Tk.550 cost Tk. = (100 × 550)/110 = Tk.500 At 20% profit, Selling price = 500 + 500 × 20% = 500 + 500 × 20/100 = 600
Bissoy MCQ

Related Questions

Next steps