Neeta got profit of 10% on selling an article in ₹ 220. To get the profit of 30%, she should sell the article in how many rupees?

₹ 220
₹ 230
₹ 260
₹ 280

Correct Answer: ₹ 260

Explanation:

Let cost price of an article = (220 x 100)/110 = ₹ 200
For getting the profit of 30%, Selling price of an article = 130% of ₹ 200
= (130/100) x 200 = ₹ 260

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