Question
Aman bought a laptop for Rs. 40000 and then spent Rs.
5000 on its repair. He then sold the laptop at 20% profit. If he had not spent the amount on repair, then find the profit percent for the same selling price.Solution
Total cost price of the article = 40000 + 5000 = Rs. 45000
Selling price of the article = 1.2 × 45000 = Rs. 54000
Required profit percent = {(54000 – 40000)/40000} × 100 = 35%
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