If a product is sold for $240 after a profit of 20%, what was the cost price?

Practice Questions

Q1
If a product is sold for $240 after a profit of 20%, what was the cost price?
  1. $200
  2. $180
  3. $220
  4. $240

Questions & Step-by-Step Solutions

If a product is sold for $240 after a profit of 20%, what was the cost price?
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