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If the profit on selling a bicycle for $240 is 20%, what was the cost price?

Practice Questions

Q1
If the profit on selling a bicycle for $240 is 20%, what was the cost price?
  1. $180
  2. $200
  3. $220
  4. $240

Questions & Step-by-Step Solutions

If the profit on selling a bicycle for $240 is 20%, what was the cost price?
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