a doll is sold for 220 what was the cost of doll if rate of profit was 10 of the cost
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The cost of the doll is Rs. 200.
The formula looks like this:
Cost Price = (“Sell Price” x 100) / (100 + “Profit Percentage”)
Plugging in the numbers:
CP = (220 x 100) / (100+10) = 200
If, on the other hand, you’re losing money, it would look like this:
Cost Price = (“Sell Price” x 100) / (100 - “Loss Percentage”)
Step-by-step explanation:
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