Question

A buiness man makes a 20% profit by selling a toy costing him Rs 220 . What is the selling price?​

Answer 1

Selling Price is 264 Rs!!!!!!

Answer 2

SOLUTION

GIVEN

A buinessman makes a 20% profit by selling a toy costing him Rs 220 .

TO DETERMINE

The selling price

EVALUATION

Here it is given that a businessman makes a 20% profit by selling a toy costing him Rs 220

So cost price = Rs 220

Profit percentage = 20%

Hence profit amount

$\displaystyle \sf{ = Rs. \: \: 220 \times \frac{20}{100} }$

= Rs. 44

Hence the required selling price

= Rs. ( 220 + 44 )

= Rs. 264

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