Question

    A chair is sold for Rs810 after giving a discount of 10% on its marked price. The cost price of the chair is Rs720. If it is sold at the marked price, then the profit percentage will be.

    A 35% Correct Answer Incorrect Answer
    B 28% Correct Answer Incorrect Answer
    C 25% Correct Answer Incorrect Answer
    D 20% Correct Answer Incorrect Answer

    Solution

    Let marked price = 100 Discount = 10%, SP = 810 90 = 810 1 = 9 Then MP = 900 The cost price of the chair = 720 Sold at the marked price = 900 = SP Profit = 900-720 = 180 Profit % = (180/ 720) × 100 = 25%

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