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Question
Kavita purchased fabric worth ₹ 800 for a dress and spent ₹ 350 on embroidery and stitching. If she sold the dress at a profit of 20%, the selling price is:
Options
₹ 1,500
₹ 1,310
₹ 1,220
₹ 1,380
MCQ
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Solution
₹ 1,380
Explanation:
Total cost price of dress = 800 + 350
= ₹1150 Sold at 20% profit.
So, selling price = `1150 + 20/100 xx 1150`
= 1150 + 230
= ₹ 1,380
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Profit and Loss (Entrance Exam)
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