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      Question

      An item was purchased for Rs. 1,800. It was marked up by

      35% and sold after providing a discount of Rs. 360. Find the profit percentage made on the transaction.
      A 15% Correct Answer Incorrect Answer
      B 10% Correct Answer Incorrect Answer
      C 17% Correct Answer Incorrect Answer
      D 12% Correct Answer Incorrect Answer

      Solution

      ATQ,

      Marked price = 1.35 × 1,800 = Rs. 2,430

      Selling price = 2,430 - 360 = Rs. 2,070

      Profit = 2,070 - 1,800 = Rs. 270

      Profit % = (270 ÷ 1,800) × 100 = 15%

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