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    Question

    The cost price of a television is Rs. 8,000. The

    television is marked 40% above its cost price and sold after a discount of Rs. 1,200. If the cost price of the television had been Rs. 1,500 less but it was sold for the same price as before, then what would be the percentage of profit earned?
    A 72.5% Correct Answer Incorrect Answer
    B 53.85% Correct Answer Incorrect Answer
    C 43.85% Correct Answer Incorrect Answer
    D 66.67% Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Selling price of the television = 8,000 × 1.40 - 1,200 = Rs. 10,000

    So, required percentage = {(10,000 - 6,500) ÷ 6,500} × 100 = 53.85% 

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