Question
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. TYPE 37Solution
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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