Question
A shopkeeper purchases six small cold drink bottles for
Rs. 100. For how much should he sell one such bottle to get a profit of 20%?Solution
Cost price of one bottle: CP of one bottle = 100/6 =50/3 Rs Selling price (SP) with 20% profit: SP =100/6 × 120/100 = 20 Rs Thus, the shopkeeper should sell one bottle for Rs. 20.
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