Ram bought a computer with 15% discount on the labelled price and sold it with 10% profit on the labelled price. Approximately, what was his percentage of profit on the price he bought :
A29%
B31%
C28%
D35%
Answer:
A. 29%
Read Explanation:
Ram bought a computer with 15% discount on the labelled price
Let MRP = 100x
CP = 85x
sold it with 10% profit on the labelled price
SP = 110X
Profit % = sp - cp/cp x 100
= 110x-85x/85x x 100
=25x/85x x 100
= 500/17 = 29%