1.

The marked price of a door is Rs. 1400. It is sold at a discount of 28%. If the cost price of the door is Rs. 700, then what is the profit (in Rs.)?1). 3402). 4283). 3084). 368

Answer»

We know that Selling Price = (1 - DISCOUNT %) × Marked Price

Given Discount = 28%

⇒ Selling Price = (1 - 28%) × 1400

⇒ Selling Price = (1 - 0.28) × 1400

⇒ Selling Price = 0.72 × 1400

⇒ Selling Price = 1008

Profit = (SP - CP) = (1008 - 700) = Rs. 308

∴ Profit = Rs. 308


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