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    Question

    The difference between the cost price and selling price

    of a bat is Rs 180. If there is a profit of 20%, then what is the selling price of the bat?
    A RS 1080 Correct Answer Incorrect Answer
    B RS 1240 Correct Answer Incorrect Answer
    C RS 1040 Correct Answer Incorrect Answer
    D RS 1200 Correct Answer Incorrect Answer

    Solution

    Selling price - cost price = 180  Profit = 20% Selling price = cost price x (100 + profit)%  Selling price = (selling price - 180) x 120%  Selling price = (selling price - 180) x 1.2  Selling price = 1.2 x selling price - 216  Selling price = 216/0.2 = Rs. 1080  The selling price of the bat is Rs. 1080.

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