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    The cost price of a calculator is Rs. 315. If the profit percentage is 20%, then what is the value (in Rs. ) of the profit?
    Question

    The cost price of a calculator is Rs. 315. If the profit percentage is 20%, then what is the value (in Rs. ) of the profit?

    A.

    71

    B.

    63

    C.

    60

    D.

    68

    Correct option is B

    Given:
    Cost Price (C.P.) = Rs. 315
    Profit Percentage = 20%
    Formula Used:
    Profit=(Profit Percentage100)×Cost Price\text{Profit} = \left(\frac{\text{Profit Percentage}}{100}\right) \times \text{Cost Price}​​
    Solution:
    Profit = 20100\frac{20}{100}​× 315 = 0.20 × 315 = 63



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