A shopkeeper loses 15%,if an article is sold for Rs. 170. What should be the selling price of the article to gain 20%? Choose the correct choice from the following options:
A) s.247  B) s.248  C) s.240  D) s.229  E) s.212
Given that SP = Rs. 170 and loss = 15%   CP = [100(SP)]/(100 - l%) = (100 * 170)/85 = 20 * 6   = Rs. 200.   To get 20% profit, New SP = [(100 + p%)s.240P]/100   = (200 * 120)/100   = Rs.240   Answer:s.240
<result>C</result>
A shopkeeper loses 15%,if an article is sold for Rs. 170. What should be the selling price of the article to gain 20%?