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    Question

    TYPE 37

    Find the profit percentage earned on a school bag if it

    was sold at Rs.1674 after offering a discount of 10% and the marked price of a school bag is Rs.360 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
    E 16 Correct Answer Incorrect Answer

    Solution

    MP = (1674/90) x 100 = Rs.1860 CP = 1860 – 360 = Rs.1500 Profit = 1674 – 1500 = Rs.174 Profit% = (174/1500) x 100 = 11.6%

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