# If a chair sold for Rs.600 at the profit of 20%, then the original price of the chair is :

- Rs.580
- Rs.480
- Rs.540
- Rs.500

**Answer: (4) Rs. 500**

**Explanation:-**

Let the original price of the chair be Rs. X

If a chair sold for Rs. 600 at the profit of 20%,

Then, X x 120/100 = 600

6 X/5 = 600

6 X = 600 x 5

X = 3000/6

X = 500

Then, the original price of the chair is Rs. 500.

Hence, the correct answer is option (4) Rs. 500.