Answer:
It is 10÷120 = 0.0833333333
A man make 10% profit by selling a toy of cp- 120 what is SP?
To determine the selling price (SP) of the toy, we need to calculate the 10% profit on the cost price (CP).
Let's assume the cost price (CP) of the toy is X.
Profit = 10% of CP
Profit = (10/100) * X
Profit = 0.1X
Selling Price (SP) = Cost Price (CP) + Profit
SP = X + 0.1X
SP = 1.1X
Since you mentioned the cost price (CP) of the toy is 120, we can substitute it into the equation:
SP = 1.1 * CP
SP = 1.1 * 120
SP = 132
Therefore, the selling price (SP) of the toy is 132.
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Answer:
It is 10÷120 = 0.0833333333
Verified answer
Answer:
A man make 10% profit by selling a toy of cp- 120 what is SP?
To determine the selling price (SP) of the toy, we need to calculate the 10% profit on the cost price (CP).
Let's assume the cost price (CP) of the toy is X.
Profit = 10% of CP
Profit = (10/100) * X
Profit = 0.1X
Selling Price (SP) = Cost Price (CP) + Profit
SP = X + 0.1X
SP = 1.1X
Since you mentioned the cost price (CP) of the toy is 120, we can substitute it into the equation:
SP = 1.1 * CP
SP = 1.1 * 120
SP = 132
Therefore, the selling price (SP) of the toy is 132.