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(a) < 1550(b) 1020(c) < 1430(ii) When the profit % on selling a toy for 400 is 11%, the cost price ofthe toy is(a) 440(b) 380(c) 360 |
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Answer» Let the cost price of toy be ' x ' Find the profit :-------------------- profit = 11 whole 1 / 9% = 100/ 9 = 11.11 % profit = 11.11 % of cost price profit = 11.11 % of x = 0.11x (approx. ) Find the cost price :--------------------------- since , the selling price of toy = ₹ 400 cost price + profit = selling price x + 0.11x = 400 => x ( 1 + 0.11 ) = 400 1.11 x = 400 => 111 x ÷ 100 = 400 111 x = 40000=> x = ₹ 360.36 therefore, cost price of the toy = ₹ 360.36 Answer : C.P = ₹ 360.36 --------------------------------------------------------- option D is the correct answer option B) is the correct answer option D is the correct answer option (c) is the right answer |
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