Question
A merchant increased the price of a blouse by 20%. If
the labeled price of the blouse is Rs. 600, and in this transaction, the shopkeeper made a profit of Rs. 40, what is the selling price of the blouse?Solution
ATQ, Marked price of the Blouse = Rs. 600 Cost price of the Blouse = 600/1.2 = Rs. 500 Selling price of the Blouse = 500 + 40 = Rs. 540
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