A man bought a pair of shoes for Rs. 200 and gave Rs. 20 as sales tax. Calculate his profit if he sells the shoes for Rs. 300.

Options

A. Rs. 100
B. Rs. 80
C. Rs. 60
D. Rs. 20

Answer

To find the profit made by the man when he sells the shoes, we need to follow these steps:

### Step 1: Determine the Total Cost Price (CP)
The cost price of the shoes is given as Rs. 200. Additionally, the man paid Rs. 20 as sales tax. Therefore, the total cost price can be calculated as:

\[ \text{Total Cost Price (CP)} = \text{Cost Price of Shoes} + \text{Sales Tax} \]

Substituting the values:

\[ \text{Total CP} = 200 + 20 = 220 \]

### Step 2: Identify the Selling Price (SP)
The selling price of the shoes is given as Rs. 300.

### Step 3: Calculate the Profit
Profit can be calculated using the formula:

\[ \text{Profit} = \text{Selling Price (SP)} - \text{Total Cost Price (CP)} \]

Substituting the values:

\[ \text{Profit} = 300 - 220 = 80 \]

### Conclusion
The profit made by the man when he sells the shoes is Rs. 80.

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