Question

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 :

• A. 29%
• B. 31%
• C. 28%
• D. 35%

Answer 1

Answer:

A. 29%

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%