If an item costs Rs. 180 and is sold at a 20% profit, what is the selling price?
If an item costs Rs. 180 and is sold at a 20% profit, what is the selling price?
Explanation
Profit = 20% of Rs. 180 = 20/100 × 180 = 36
Selling Price = Cost Price + Profit = 180 + 36 = Rs. 216