A shopkeeper sold an item at a profit of 25%. If the cost price was $200, what was the selling price?$250$220$300$275

Question

A shopkeeper sold an item at a profit of 25%. If the cost price was $200, what was the selling price?$250$220$300$275
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Solution 1

The selling price of the item can be calculated using the formula:

Selling Price = Cost Price + Profit

Given that the profit is 25% of the cost price, we can calculate the profit as follows:

Profit = 25/100 * Cost Price Profit = 25/100 * $200 Profit = $50

Now, we can calculate the selling price: Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob

Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv

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