Question
Cost price of a bag is Rs.960. The shopkeeper marked it
70% above the cost price and sold it after giving a discount of 25%. If the shopkeeper had sold it at a profit of 30%, then find the difference between original and new selling price of a bag.Solution
Original selling price of a bag = (170/100) × (75/100) × 960 = Rs.1224 New selling price of a bag = (130/100) × 960 = Rs.1248 Required difference = 1248 – 1224 = Rs.24
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