Question
A trader bought an article for Rs. 3600 and marked it
20% above of its cost price. If he sold it after giving a discount of Rs. 180 then find the profit percent earned by him.Solution
Marked price of the article = 3600 × 1.20 = Rs. 4320 Selling price = 4320 – 180 = Rs. 4140 Profit percentage = [(4140 – 3600)/3600] × 100 = 15%
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