An article bought for ₹1200 is sold at a profit of . What is the selling price (in ₹)?
Answer and explanation
Correct answer: C. 1560
- Step 1: Identify the cost price and profit margin .
- Step 2: Apply the selling price formula: .
- Step 3: Compute the resulting value: .
Answer
1560.
Why not the others: The alternative numerical choices (360, 840, 1230) stem from misinterpreting algebraic constraints, applying wrong arithmetic operations, or calculation slips.
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