Hence, The selling price of the article is $48 .
Given that ,
The cost price of article is = $40
And the profit = 20% = 0.2
We have to find,
The selling price of the article.;
Then,
According to the question,
Selling price = Cost price of article + 20% profit
= $40 + 0.2 × $40
= $40 + $8
= $48
Hence, The selling price of the article is $48 .
For the more information about profit and loss click the link given below.
https://brainly.com/question/24263232
