by selling an item for 540 a profit of 20% is earned find its SP if 25%profit is to be earned.
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Cost Price = Selling Price × 100/100 + Profit %
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Given that
Selling Price =₹54
Profit percent = 20
Cost Price = Selling Price × 100/100 + Profit %
= 540 × 100/100 + 20=540×100/100+20
= 54000/120=54000/120
= ₹450.
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