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Numerical Ability
Profit and Loss
Samant bought a microwave oven and paid 10 % less than the original price. He sold it with 30% profit on the price he had paid.What percentage of profit did samant earn on the original price?
A. 17% B. 20%
C. 27% D. 32%
Read Solution (Total 2)
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- let the original s.p. of microwave oven = 100
samant bought at 10% discount i.e.=90
samant sells it @ 30% profit i.e (90+30%of90)=117
profit earn by samant on original price(i.e. on 100)is 17%
ans:a) 17% - 12 years agoHelpfull: Yes(4) No(2)
- Ans=17%
Let original CP be Rs. x
new CP=x-10%of x=Rs. 9x/10
SP=9x/10 + 30% of 9x/10 = Rs. 117x/100
Profit%=(SP-CP)*100/CP
put the values from above taking original CP of oven,
Profit%=17% - 6 years agoHelpfull: Yes(0) No(0)
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