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A seller increases the cost price of an article by 30% and fixed the marked price as Rs. 286. But during sale he gave 10% discount to the purchaser. Percentage of profit will be
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- 17
- 15
- 10
- 20
Correct Option: A
According to question ,
C.P. of article = Rs. | × 286 | = Rs. 220 | |||
130 |
S.P. of article = | = Rs. 257.40 | |
100 |
∴ Profit = Rs. (257.40 – 220) = Rs. 37.40
∴ Profit percent = | = 17% | |
220 |