Question

    Find the profit percentage earned on a school bag if it

    was sold at Rs.1584 after offering a discount of 10% and the marked price of a school bag is Rs.320 more than its cost price.
    A 7 Correct Answer Incorrect Answer
    B 12 Correct Answer Incorrect Answer
    C 9 Correct Answer Incorrect Answer
    D 11 Correct Answer Incorrect Answer
    E 10 Correct Answer Incorrect Answer

    Solution

    MP = (1584/90) x 100 = Rs.1760 CP = 1760 – 320 = Rs.1440 Profit = 1584 – 1440 = Rs.144 Profit% = (144/1440) x 100 = 10%

    Practice Next