A business man makes a 10% profit by selling a toy costing him ₹120. What is the selling price?

₹130

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₹132

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₹140

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₹142

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Solution

The correct option is B ₹132
CP = ₹120
Profit % = 10
Profit = CP $\times \frac{P r o f i t %}{100}$

Profit = 120 $\times \frac{10}{100}$
= ₹12
SP = CP + profit
= 120 + 12 = ₹132

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A business man makes a 10% profit by selling a toy costing him ₹120. What is the selling price?

The correct option is B ₹132CP = ₹120 Profit % = 10 Profit = CP×Profit%100 Profit = 120×10100 = ₹12 SP = CP + profit = 120 + 12 = ₹132

The correct option is B ₹132
CP = ₹120
Profit % = 10
Profit = CP $\times \frac{P r o f i t %}{100}$

Profit = 120 $\times \frac{10}{100}$
= ₹12
SP = CP + profit
= 120 + 12 = ₹132