By selling an article for Rs. 1,512, a shopkeeper gains 12%. At what price (in Rs.) should he sell it to gain 20%?
A. 1640
B. 1814.4
C. 1620
D. 1600
A. 1640
B. 1814.4
C. 1620
D. 1600
Best answer
Answer: C. 1620
Answer: (C) 1620
CP = 1512 ÷ 1.12 = Rs. 1,350. For 20% gain, SP = 1350 × 1.2 = Rs. 1,620.
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