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A lunch box costs a shopkeeper ₹250. At what price must he sell it to gain 20%?

Class 8Profit and LossComparing Quantities
  • A₹200
  • B₹350
  • C₹270
  • D₹300

Step-by-Step Solution

SP = CP × = ₹300. ₹200 subtracts the 20% instead of adding it.
Answer: D) ₹300

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