Question

.A business man makes a 10% profit by selling a toy costing him ₹ 120. What is the selling price? *

Answer 1

240 rs is the selling price

Answer 2

Given :

• A business man makes a 10% profit by selling a toy costing him ₹ 120.

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Find :

• What is the selling price?

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Using formula :

★ Profit = Cost price × Profit%/100.

★ Selling price = Cost price + Profit.

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Calculations :

→ Profit = 120 × 10/100

→ Profit = 12₹

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Using the above value, we get :

→ Selling price = 120 + 12

→ Selling price = 132₹

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Therefore, 132₹ is the selling price.