Question

P bought an article for Rs. 400 and sold it at a profit of 10%. What would have been the increase in the profit percent if it was sold for Rs. 460?

Cost price of P 400 SP at the 10 profit 400110100 SP440 If SP 460 Increasing profit 460-44020 Increasing profit percentage 20400 100 5

A 5%

B 10%

C 12%

D 15%

Detailed Solution