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    Question

    Find the profit percentage earned on a school bag if it

    was sold at Rs.1728 after offering a discount of 10% and the marked price of a school bag is Rs.420 more than its cost price.
    A 15.2 Correct Answer Incorrect Answer
    B 12.5 Correct Answer Incorrect Answer
    C 14 Correct Answer Incorrect Answer
    D 11.6 Correct Answer Incorrect Answer

    Solution

    MP = (1728/90) x 100 = Rs.1920 CP = 1920 – 420 = Rs.1500 Profit = 1728 – 1500 = Rs.228 Profit% = (228/1500) x 100 = 15.2%

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