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If a chair is bought for ₹ 2000 and is sold with 10% profit, then the selling cost of the chair is ₹ ____.

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Detailed Solution

If a chair is bought for ₹ 2000 and is sold with 10% profit, then the selling cost of the chair is ₹ 2200.
Given, if a chair is bought for ₹ 2000 and is sold at a gain of 10%.
Selling price = Original price + profit
selling price = 2000 +

\frac{10}{100} \times 2000

Selling price = 2000 + 200
= ₹ 2200
So, the selling price is ₹ 2200.
Hence, the correct answer is ₹ 2200.

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