Question
A bought an article at 20% less of the marked price and
sold it at 10% more than the marked price. Find the profit earned by him.Solution
Let the marked price be Rs. 100 ∴ C.P. = 100 -20 = 80 And, S.P. = 100 + 10 = 110 Profit= 110 - 80 = 30 Profit % = 30/80 × 100 = 37.5%
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