Question
Anjali bought an old refrigerator at Rs. 8500 and she
spent Rs. 1500 on its cleaning and gas refilling. She increased the price by 60% at the time of selling but she gives 25% discount when she sold. What is the profit percentage?Solution
Total cost price of the refrigerator = 8500 + 1500 = Rs. 10000 Selling price of refrigerator = 10000 × 1.6 × 0.75 = Rs. 12000 Profit percentage = [(12000 – 10000)/10000] × 100 = 20%
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