New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Find the profit percentage earned on a school bag if it

    was sold at Rs.1710 after offering a discount of 10% and the marked price of a school bag is Rs.380 more than its cost price.
    A 15.2 Correct Answer Incorrect Answer
    B 12.5 Correct Answer Incorrect Answer
    C 14 Correct Answer Incorrect Answer
    D 11.6 Correct Answer Incorrect Answer

    Solution

    MP = (1710/90) x 100 = Rs.1900 CP = 1900 – 380 = Rs.1520 Profit = 1710 – 1520 = Rs.190 Profit% = (190/1520) x 100 = 12.5%

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