Question
A shopkeeper marked a product 35% above its cost price. If
the marked price is Rs. 10,800 and a discount of 25% is given, calculate the profit earned (in Rs.).Solution
ATQ,
Cost price = 10,800 / 1.35 = Rs. 8,000
Selling price = 0.75 × 10,800 = Rs. 8,100
Profit = 8,100 - 8,000 = Rs. 100
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