If there is a profit of rupees 300 on selling an article at 20% profit, find the selling price.
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Answer: ₹550
Step-by-step explanation:
Let cost price (cp) be x
20% profit over cp which is ₹300 (Given)
20x/100 + x = 300
=> x = ₹250
Selling price = cost price+profit
= 250 + 300
= ₹550... (Ans.)
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