Goods costing 3200 sold at a profile of 20% on cost to ramesh & company
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Goods costing Rs 3200 sold at a profit of 20% on cost to ramesh & company. Find SP.
Answer: Cp of good = Rs 3200
∴ profit percentage = 20%
∴ SP = 3200 + 20%of 3200 = 3200 + 640 = Rs 3840
∴ SP = Rs 3840
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