A shopkeeper bought an article for ₹760. At what price (in ₹) should he sell the article to make 30% profit?

Correct option is B

Given:

A shopkeeper bought an article for 760.

The article to make 30% profit

Formula used: 

$$\text{Selling price} = \text{Cost price} + \frac{\text{Profit percentage}} {100}\times \text{Cost price}$$ 

Solution:  

Applying the formula: 

$$\text{Selling price} = 760 + \frac{30}{100}\times760$$ 

$$= 760 + (0.30\times 760)$$ 

$$= 760 + 228$$ 

$$= 988$$ 

Thus, the shopkeeper should sell the article for Rs.988 to make a 30% profit.