A bat is bought for Rs.400 and sold at a gain of 20% find its selling price  Choose the most appropriate option:
A) Rs.500/-  B) Rs.480/-  C) Rs.430/-  D) Rs.490/-  E) Rs.500/-
100 % ------&gt; 400 (100 * 4 = 400)   120 % ------&gt; 480 (120 * 4 = 480)   Selling price = Rs.480/-   Rs.480/-
<result>B</result>
A bat is bought for Rs.400 and sold at a gain of 20% find its selling price