Question
A saree having cost price of Rs. 900 is marked up by 50%
above its cost price and sold after offering two successive discounts of 10% and 20% respectively. What is the profit earned on selling the saree?Solution
Marked price of the Saree = 900 × 1.50 = Rs. 1350 Selling price of the Saree = 1350 × 0.9 × 0.8 = Rs. 972 So, profit earned = 972 – 900 = Rs. 72
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