On selling a basket at Rs 19.50 A shopkeeper gains a profit of 30% .so to gain a profit of 40% the selling price of basket should be?

Options

A. `Rs. 21`
B. `Rs. 21.50`
C. `Rs. 24`
D. `Rs. 23`

Answer

A

Explanation

Let the CP of the basket =10units
According to question.
13 units `to19.5`
1 unit`to1.5`
10 units `to1.5xx10=15`
`CPtoRs.15`
`thereforeS.P=15xx(140)/(100)xx21`