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Q.

Select the correct answer:

A shopkeeper buys a good for 720 and sells it at a profit of 15%, then the selling price is:

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a

828

b

882

c

720

d

108

answer is A.

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Detailed Solution

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Profit %=ProfitCost price×100

Profit=Profit % ×Cost price100

Profit=15×720100

Profit=108

Selling price=Cost price+profit

Selling price=720+108

Selling price=828

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