Question
The marked price of a smartphone is 210 percent of its cost
price. If a discount of 35% is given at the time of selling the smartphone, what will be the profit percentage?Solution
ATQ,
Let the cost price of the smartphone be Rs. '100x'
Marked price of the smartphone = '100x' X 2.1 = Rs. '210x'
Selling price of the smartphone = '210x' X 0.65 = Rs. '136.5x'
Profit earned on selling the smartphone = '136.5x' - '100x' = Rs. '36.5x'
Required profit percentage = {(36.5x/100x) X 100} = 36.5%
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