Selling price of a toy car is Rs 1640 If the profit made by shopkeeper is 20%, what is the cost price of this toy?
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Answer:
1366Rs
Step-by-step explanation:
CP = 100/100+profit% * SP
CP = 100/100+20 * 1640
CP = 100/120 * 1640
CP = 100 * 13.66
CP = 1366Rs
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