Q. 174.0( 10 Votes )

# A man buys an article for Rs.150 and makes overhead expenses which are 10% of the cost price. At what price must he sell it to gain 20%?

A. Rs. 182

B. Rs. 192

C. Rs. 198

D. Rs.208

Answer :

CP = Rs.150

Overhead Expense = 10% of Rs.150

= Rs.15

So, total cost of an article = 150 + 15

= Rs.165

= Rs.198

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