A toy was sold at a loss of 17%
It was observed that if the selling price was Rs 340/- more then the profit made would have been 66% What is the actual selling price of the toy?
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Answer:
Step-by-step explanation: cp =100*sp/100-l
= 100 * 340/100 - 17
=34000/83
CP = rs 409.6
sp with profit of 66 percent is selling price = 409.6 * 100 + 66/100
= 409.6 * 166/100
=679.6
therefore the actual selling price of the toy is rs 680 {rounded it of to 680}
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