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After buying a toy for Rs 132 , Shabir m...

After buying a toy for Rs 132 , Shabir managed to sell it at a profit of 15% . The selling price of the toy was :

A

Rs 151.90

B

Rs 151.80

C

Rs 150 . 60

D

Rs 150.80

Text Solution

AI Generated Solution

The correct Answer is:
To find the selling price (SP) of the toy after Shabir sold it at a profit of 15%, we can follow these steps: ### Step-by-Step Solution: 1. **Identify the Cost Price (CP)**: - The cost price of the toy is given as Rs. 132. - \( CP = 132 \) 2. **Identify the Profit Percentage**: - The profit percentage is given as 15%. - \( \text{Profit Percentage} = 15\% \) 3. **Calculate the Selling Price (SP)**: - The formula for calculating the selling price when the profit percentage is known is: \[ SP = CP \times \left(1 + \frac{\text{Profit Percentage}}{100}\right) \] - Substitute the values into the formula: \[ SP = 132 \times \left(1 + \frac{15}{100}\right) \] - Simplify the expression: \[ SP = 132 \times \left(1 + 0.15\right) = 132 \times 1.15 \] 4. **Perform the Multiplication**: - Calculate \( 132 \times 1.15 \): \[ SP = 132 \times 1.15 = 151.80 \] 5. **Final Result**: - The selling price of the toy is Rs. 151.80. ### Summary: - The selling price (SP) of the toy after a 15% profit is Rs. 151.80.
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