An umbrella was sold at a profit of 20 % . What is the selling price of the umbrella if the shopkeeper…
A profit of 20% on a cost of 180 rupees is \(0.20 \times 180 = 36\) rupees. The selling price is therefore \(180 + 36 = 216\) rupees. The value 210 comes from adding 30…
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An umbrella was sold at a profit of 20 % . What is the selling price of the umbrella if the shopkeeper procured it at a cost of ₹ 180?
Answer and explanation
Correct answer B
A profit of 20% on a cost of 180 rupees is rupees. The selling price is therefore rupees. The value 210 comes from adding 30 rupees instead of 20% of the cost.
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