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By selling an article for Rs. 15000 a man allows 8% discount and earns 20.48 % profit. If the article is sold without a discount. What should be the profit percentage?1. 30%2. 25%3. 20%4. 35% |
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Answer» Correct Answer - Option 1 : 30% Given: Selling price = Rs. 15600 Formula used: Profit or Loss% = [(Profit or Loss)/Cost Price] × 100 Calculation: Selling price without discount ⇒ 15000 × (108/100) ⇒ Rs. 16200 Let the CP be ‘X’ ⇒ X × (120.48/100) = 15000 ⇒ Rs. 12450 Profit without discount ⇒ 16200 – 12450 ⇒ Rs. 3750 Profit percentage without discount ⇒ (3750/12450) × 100 ⇒ 30% ∴ The profit% without discount is 30%. |
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