Question:
Richa purchased a pen at \(\frac 45^{th}\) of its marked price. She then enhanced the marked price by 20% and sold it at the new marked price. What is Richa's profit percentage?
Richa purchased a pen at \(\frac 45^{th}\) of its marked price. She then enhanced the marked price by 20% and sold it at the new marked price. What is Richa's profit percentage?
Updated On: May 18, 2024
- 25%
- 50%
- 40%
- 60%
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The Correct Option is D
Solution and Explanation
The correct option is (D): 60%.
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