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Prices / Charges Related to Buying and Selling

If cost price...

Question

If cost price $=$ Rs. $100$ , selling price $=$ Rs. $120$ , then find the profit

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Solution

We have, C.P. $=$ Rs. $100$ and S.P. $=$ Rs. $120$
Profit $=$ Selling price $-$ Cost price
$= 120 - 100 =$ Rs. $20$
Therefore, profit $=$ Rs. $20$

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