Multiple choice

If a toy gun was sold for Rs.140 at a profit of Rs. 20. What was the cost price of the gun?

  1. Rs. 110

  2. Rs. 120

  3. Rs. 130

  4. Rs. 140

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The selling price is the sum of the cost price and the profit. Given selling price = 140 and profit = 20, the cost price is 140 - 20 = 120.

AI explanation

Using the formula Cost Price equals Selling Price minus Profit, we subtract the given profit from the selling price. Substituting the values gives Cost Price equals 140 minus 20. Therefore, the cost price of the gun is 120.