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Selling price of a toy car is RS.540. If the profit made by shopkeeper is 20%, what is the cost price of this toy?
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Selling price of a toy car is RS.540. If the profit made by shopkeeper...

Calculating the Cost Price of the Toy Car

To calculate the cost price of the toy car, we need to consider the profit made by the shopkeeper, which is 20% of the selling price. Here's how we can calculate the cost price:

Step 1: Calculate the Profit
- Profit = 20% of Selling Price
- Profit = 20/100 * 540
- Profit = Rs. 108

Step 2: Calculate the Cost Price
- Selling Price = Cost Price + Profit
- Cost Price = Selling Price - Profit
- Cost Price = 540 - 108
- Cost Price = Rs. 432

Therefore, the cost price of the toy car is Rs. 432. This means that the shopkeeper bought the toy car for Rs. 432 and sold it for Rs. 540, making a profit of Rs. 108, which is 20% of the selling price.
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Selling price of a toy car is RS.540. If the profit made by shopkeeper is 20%, what is the cost price of this toy?
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