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    Question

    Ramesh bought an old laptop at Rs. 22000 and he spent

    Rs. 3000 on its repair. He increased the price of laptop by 40% at the time of selling but he gives 10% discount when he sold. What is the profit percentage?
    A 22% Correct Answer Incorrect Answer
    B 24% Correct Answer Incorrect Answer
    C 26% Correct Answer Incorrect Answer
    D 28% Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Total cost price of the laptop = 22000 + 3000 = Rs. 25000 Selling price of laptop = 25000 ├Ч 1.4 ├Ч 0.9 = Rs. 31500 Profit percentage = [(31500 тАУ 25000)/25000] ├Ч 100 = 26%

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