Question

Richa purchased a pen at $\frac 45^{th}$ of its marked price. She then enhanced the marked price by 20% and sold it at the new marked price. What is Richa's profit percentage?

• A. 25%
• B. 50%
• C. 40%
• D. 60%

Answer 1

Answer: (D)

60%

Answer 2

The correct option is (D): 60%.