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The cost price of the shirt is Rs.150. At what price should it be sold to gain 20%?1. 1202. 1803. 1004. 80 |
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Answer» Correct Answer - Option 2 : 180 Given: The cost price of the shirt is Rs.1 50 = selling price to gain 20% Formula Used: Profit percentage = {(SP – CP)/CP} × 100 Calculation: SP of shirt = (120 × 150)/100 = 180 ∴ SP of shirt is Rs. 180 |
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