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    Question

    The marked price of a gadget is 175 percent of its cost

    price. If a 15% discount is offered at the time of sale, what will be the profit percentage?
    A 72.25% Correct Answer Incorrect Answer
    B 56.25% Correct Answer Incorrect Answer
    C 48.75% Correct Answer Incorrect Answer
    D 32.45% Correct Answer Incorrect Answer

    Solution

    ATQ,

    Let the cost price of the gadget be Rs. '100x'

    Marked price of the gadget = '100x' X 1.75 = Rs. '175x'

    Selling price of the gadget = '175x' X 0.85 = Rs. '148.75x'

    Profit earned on selling the gadget = '148.75x' - '100x' = Rs. '48.75x'

    Required profit percentage = {(48.75x/100x) X 100} = 48.75%

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