The selling price of a doll costing Rs500, sold at a profit of 20% is
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SP= 500(100+20)100
= 500*1.2=₹600
= 500*1.2=₹600
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Answer:
Cost Price: (C.P.)
C.P= 100/profit(%)+100×S.P.
thus C.P,= 120/100×200 =166.66
thus gain =200−166.66=33.34
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