Find the profit percentage earned on a school bag if it was sold at Rs.1472 after offering a discount of 20% and the marked price of a school bag is Rs.560 more than its cost price.
MP = (1472/80) x 100 = Rs.1840 CP = 1840 – 560 = Rs.1280 Profit = 1472 – 1280 = Rs.192 Profit% = (192/1280) x 100 = 15%
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