question no35 answer???
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Answer:
Cost price of the toy is Rs 450.
Step-by-step explanation:
In the question,
SP of the toy = Rs 540
Profit % = 20 %
Now, let the CP of the toy be Rs a,
We know ( formula ),
CP + Profit = SP
Then,
= > Rs a + ( 20% of Rs a ) = Rs 540
= > a + ( 20 / 100 x a ) = 540
= > a + ( 1 / 5 x a ) = 540
= > a + a / 5 = 540
= > ( 5a + a ) / 5 = 540
= > 6a / 5 = 540
= > a = 540 x 5 / 6
= > a = 450
Therefore the cost price of the toy is Rs 450.
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