Question

The cost of toy is RS 400. Magi sold it for a Profit of RS 80. Find the selling price of the toy and also the profit %
$%$
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Answer 1

CP : 400

profit : 80

SP : CP + profit

: 400+80

: 480

profit % : profit / cp x 100%

: 80/400 x 100%

: 20%

Answer 2

Answer:

The selling price of the toy is ₹480 and the profit he earned is 20%

Step-by-step explanation:

Selling price = Cost of the toy + profit

= 400 + 80 = 480

Profit = profit earned\cost of the toy× 100

= 80\400 × 100 = 20

Therefore the profit earned is 20%