The difference between the cost price an

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Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

The difference between the cost price and the selling price of a bat is 180.If there is a profit of 20%, then what is the selling price of the bat?

Options:

₹1080

₹1240

₹1040

₹1120

Correct Answer:

₹1080

Explanation:

Let the cost price = 100

Profit = 20%

Selling price = 120

Difference = 120 - 100 = 20%

20% of CP = 180

120% of CP = 1080