Question 62

After buying a toy for ₹45, Raghu managed to sell it at a profit of 15%. The selling price of the toy was:

Solution

C P = Rs 45

profit = 15%

= $$\frac{15}{100}\times 45$$

= Rs6.75

so

S P = C P + profit

= 45 + 6 .75

= Rs 51.75

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