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The cost price of an article is Rs. 2,400 and it is marked at 25% above the cost price. Find the profit and the profit percent, if the article is sold at 15% discount. |
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Answer» C.P. = ₹ 2,400 ∴ Marked price = (2400(100 +25))/100 = 24 × 125 = ₹ 3000 Discount = 15% ∴ S.P. = (3000 × (100 -15))/100 = 30 × 85 = ₹2550 ∴ Profit = ₹ 2550 - ₹ 2400 = ₹150 Profit% = (150/2400) × 100 = 50/8 = 25/4 = 6. ¼% |
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