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Question

A product is bought for Rs. 1,800. The shopkeeper tags

it at 25% above the cost price and offers a discount of Rs. 200 at the time of sale. What is the percentage of profit made? (Round off to the nearest whole number)
A 25% Correct Answer Incorrect Answer
B 14% Correct Answer Incorrect Answer
C 11% Correct Answer Incorrect Answer
D 17% Correct Answer Incorrect Answer

Solution

ATQ,

Marked price of product = 1.25 ├Ч 1,800 = Rs. 2,250

Selling price of product = 2,250 тИТ 200 = Rs. 2,050

Required profit percentage = [(2,050 тИТ 1,800) ├╖ 1,800] ├Ч 100= (250 ├╖ 1,800) ├Ч 100 = (250/18) тЙИ 14%

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