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A toy is sold for Rs. 220, what was the cost if the rate of profit was 10% of the cost?
  1. Rs. 196
  2. Rs. 198
  3. Rs. 200
  4. Rs. 210
Explanation

Selling price = Cost + 10% profit

220 = Cost + 0.10 × Cost

220 = 1.10 × Cost

Cost = 220 / 1.10

= 200


Last verified on 30-03-2026

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