Find the selling price of a toy which was purchased for $₹ 220$ and sold at a profit of $150 %$ .

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Solution

The cost price of a toy is $₹ 220$
profit $= 150 %$ of cost price $= \frac{150}{100} o f ₹ 220$
$= \frac{150}{100} \times ₹ 220 = ₹ 330$
We know :
Selling price $=$ cost price $+$ profit
$= ₹ 220 + ₹ 330 = ₹ 550$ .
Thus, the selling price of toy is $₹ 550$ .

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