Find the selling price if the cost prices is Rs 15000and profit is 20%
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Selling Price
Price can be a sensitive issue. If priced too high, a dish may not sell or customers may complain or not return to the
business as they may feel they have not received value for money. Alternately, if a dish is underpriced and does not
make a profit, the business will be damaged financially and will face problems in the future if it does not rectify the
situation. A method to ensure that a profit margin is achieved is to build a target percentage of gross profit into the selling price.
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