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Profit and Loss Practice Test 2
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© examsnet.com
Question : 2
Total: 40
Saurabh bought a microwave oven and paid 10% less than the marked price. He sold it with 30% profit on the price he had paid. Find the profit which Saurabh earns on the marked price.
30%
25%
20%
17%
Validate
Solution:
Let marked price = Rs. 100; then C.P. for Saurabh = Rs. 90
Since, S.P. for Saurabh =
130
100
×
90
= Rs. 117
Required profit percentage = 117 – 100 = 17%
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