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A shopkeeper sells a shirt for Rs. 120 at a profit of 20%. What is the actual cost price of the shirt?
  1. Rs. 90
  2. Rs. 100
  3. Rs. 110
  4. Rs. 115
Explanation

Selling Price = Rs. 120
Profit = 20%

SP×100​ /100+20=120120×100​

=Rs.100


Last updated 24-07-2026 by NA

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