Question
Find the profit percentage earned on a school bag if it was sold at Rs.1656 after offering a discount of 10% and the marked price of a school bag is Rs.460 more than its cost price.
TYPE 37Solution
MP = (1656/90) x 100 = Rs.1840 CP = 1840 – 460 = Rs.1380 Profit = 1656 – 1380 = Rs.276 Profit% = (276/1380) x 100 = 20%
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