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The marked price of a table is ₹ 800. A retailer bought it after two successive discounts of 10 % and 15 %. He spent ₹ 13 on transportation and sold it for ₹ 875. His profit was
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- 40%
- 37%
- 28%
- 25%
Correct Option: A
C.P of the table = 800 × | × | = ₹ 612 | ||
100 | 100 |
Actual Cost Price = 612 + 13 = ₹ 625
Profit = 875 – 625 = ₹ 250
∴ Profit % = | × 100 | |
Actual Cost Price |
∴ Profit % = | × 100 = 40% | |
625 |