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      Question

      An item priced at Rs. 1,500 has a

      markup of 36% on its cost price and is sold with two successive discounts: the first being 15% and the second being Rs. 144. What is the profit percentage earned from selling the item?
      A 5% Correct Answer Incorrect Answer
      B 6% Correct Answer Incorrect Answer
      C 8% Correct Answer Incorrect Answer
      D 2% Correct Answer Incorrect Answer

      Solution

      ATQ,

      Marked price of the item = 1500 ├Ч 1.36 = Rs. 2,040 Selling price of the item = 2040 ├Ч 0.85 тАУ 144 = 1734 тАУ 144 = Rs. 1,590 So, profit % = {(1590 тАУ 1500) ├╖ 1500} ├Ч 100 = 6%

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