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      Question

      The selling price of y items is equal to the cost price

      of 720 items. If the profit made is 60%, then find the value of y.
      A 400 Correct Answer Incorrect Answer
      B 375 Correct Answer Incorrect Answer
      C 450 Correct Answer Incorrect Answer
      D 380 Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      SP per item = 1.60 x CP per item Β  y x 1.60 x CP = 720 Γ— CP y x 1.60= 720 y = 720 /1.60 = 450 So, y = 450.

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