By what percentage above the cost price, a fan should be sold if a shopkeeper wants to make a profit of Rs. 500 and the marked price of the article is Rs. 6000 which is 50% above the cost price?

By what percentage above the cost price, a fan should be sold if a sho

1.	By what percentage above the cost price, a fan should be sold if a shopkeeper wants to make a profit of Rs. 500 and the marked price of the article is Rs. 6000 which is 50% above the cost price?
A.	25%
B.	12.5%
C.	20%
D.	15%
E.	None of these
Answer» C. 20%

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By what percentage above the cost price, a fan should be sold if a shopkeeper wants to make a profit of Rs. 500 and the marked price of the article is Rs. 6000 which is 50% above the cost price?

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