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      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?
      A 26.5% Correct Answer Incorrect Answer
      B 36.5% Correct Answer Incorrect Answer
      C 45.5% Correct Answer Incorrect Answer
      D 30.05% Correct Answer Incorrect Answer

      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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