The cost price of a coat is ₹600. It was sold at a profit of 5%. Find the selling price of the coat.
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Answer:
RS.630
Step-by-step explanation:
Here,
CP of coat=600
profit%=5%
hence we can find the SP by the formula
SP=(100+profit%)/100*cp
SP=(100+5%)/100*600
SP=105/100*600
SP=Rs.630
hence proved
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