The difference between the CP and SP of an article is $240$ . If the profit is $20 %$ , then the SP is

1240

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1440

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1200

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1600

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Solution

The correct option is B $1440$
$\frac{S P - C P}{P r o f i t} = 240$
$∴ C P = \frac{240 \times 100}{20} = 1200$
$S P = \frac{1200 \times 120}{100} = 1440$

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