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?
Answer & explanation
Correct answer: option 1
Let the cost price = 100
Profit = 20%
Selling price = 120
Difference = 120 - 100 = 20%
20% of CP = 180
120% of CP = 1080