A trader by selling each apple for Rs.6 made a profit of 20% . what is the cost of 100 apples ?
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Step-by-step explanation:
Given: SP: Rs.6 for 1 apple
Profit%-20%
To find: Cost of 100 such apples
- CP= SP- Profit
- =Rs.6-20% of 6
- CP=RS.4.8
- CP OF 100 APPLES= 4.8×100=RS 480
- SP OF 100 APPLES= 480+20% OF 480
- SP OF 100 apples=Rs.576
Hope it helps ...
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