Question
Cost price of a bag is Rs.980. 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) × 980 = Rs.1323 New selling price of a bag = (140/100) × 980 = Rs.1372 Required difference = 1372 – 1323 = Rs.49
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