Question
Find the profit percentage earned on a school bag if it
was sold at Rs.1692 after offering a discount of 10% and the marked price of a school bag is Rs.380 more than its cost price. TYPE 37Solution
MP = (1692/90) x 100 = Rs.1880 CP = 1880 – 380 = Rs.1500 Profit = 1692 – 1500 = Rs.192 Profit% = (192/1500) x 100 = 12.8%
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