A dealer buys a table listed at Rs., 600 and gets successive discount of 10 % and 20 % . his profit

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7.Profit and Loss

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A dealer buys a table listed at $Rs.\, 600$ and gets successive discount of $10 \%$ and $20 \% .$ What is his profit or loss percent if he sells at $Rs.$ $540 ?$

A

$25$

B

$20$

C

$15$

D

$17 \frac{1}{2}$

Solution

Given $MP =$ $Rs. 600$

Hence on giving successive discounts of $10 \%$ and $20 \%$,

$C P=600 \times \frac{90}{100} \times \frac{80}{100}=$ $Rs. 432$

$\%$ profit $=\frac{108}{432} \times 100=25 \%$

Standard 13

Quantitative Aptitude

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