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Profit and Loss Practice Test 8
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© examsnet.com
Question : 13
Total: 40
An owner of a tools shop marks his goods for Rs 7,500 and allows a discount of 18%. If he still gains
11
9
11
%
, then the cost price will be:
Rs 5,000
Rs 5,500
Rs 4,900
Rs 4,600
Rs 6,000
Validate
Solution:
MP
SP
at
18
%
discount
7500
6150
Profit
=
11
9
11
%
C
P
=
100
100
+
11
9
11
×
6150
=
5500
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