Richa purchased an article at (4 / 5) of its list price and sold it at 20% more than the list price. Richa s profit percent was

Richa purchased an article at (4 / 5) of its list price and sold it at

1.	Richa purchased an article at (4 / 5) of its list price and sold it at 20% more than the list price. Richa s profit percent was
A.	50%
B.	40%
C.	30%
D.	25%
Answer» B. 40%

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Richa purchased an article at (4 / 5) of its list price and sold it at 20% more than the list price. Richa s profit percent was

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