Question
Cost price of a bag is Rs.700. The shopkeeper marked it
80% above the cost price and sold it after giving a discount of 25%. If the shopkeeper had sold it at a profit of 40%, then find the difference between original and new selling price of a bag.Solution
Original selling price of a bag = (180/100) × (75/100) × 700 = Rs.945 New selling price of a bag = (140/100) × 700 = Rs.980 Required difference = 980 – 945 = Rs.35
More Profit and loss Questions
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