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    Question

    Find the profit percentage earned on a school bag if it

    was sold at Rs.1548 after offering a discount of 10% and the marked price of a school bag is Rs.430 more than its cost price.
    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

    Solution

    MP = (1548/90) x 100 = Rs.1720 CP = 1720 – 430 = Rs.1290 Profit = 1548 – 1290 = Rs.258 Profit% = (258/1290) x 100 = 20%

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