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A shopkeeper sells a mixture of two types of nuts at a profit of 20%. If the cos
Practice Questions
Q1
A shopkeeper sells a mixture of two types of nuts at a profit of 20%. If the cost price of the mixture is $50, what is the selling price?
$60
$55
$65
$70
Questions & Step-by-Step Solutions
A shopkeeper sells a mixture of two types of nuts at a profit of 20%. If the cost price of the mixture is $50, what is the selling price?
Steps
Concepts
Profit Calculation
– Understanding how to calculate selling price based on cost price and profit percentage.
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