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    Question

    Find the profit percentage earned on a school bag if it

    was sold at Rs.1485 after offering a discount of 10% and the marked price of a school bag is Rs.330 more than its cost price. TYPE 37
    A 15 Correct Answer Incorrect Answer
    B 12.5 Correct Answer Incorrect Answer
    C 20 Correct Answer Incorrect Answer
    D 11.6 Correct Answer Incorrect Answer
    E 16 Correct Answer Incorrect Answer

    Solution

    MP = (1485/90) x 100 = Rs.1650 CP = 1650 – 330 = Rs.1320 Profit = 1485 – 1320 = Rs.165 Profit% = (165/1320) x 100 = 12.5%

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