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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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