Question

A man buys a car for Rs. 1,20,000 and sells it at a gain of 20% He sold the car for__

• A. Rs. 15,000
• B. Rs. 1,44,000
• C. Rs. 1,500
• D. Rs. 1,40,000

Answer 1

The correct option is B Rs. 1,44,000

Given, Gain $=20$ %
$=>\frac{SP-CP}{CP}\times 100=20$
$=>\frac{SP-1,20,000}{1,20,000}\times 100=20$
$=>SP-1,20,000=24,000$
$=>SP=Rs1,44,000$