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Q: A salesman calculated his profit on the marked price and finds it to be 30%. He forgets the fact that he gave a discount of 20%. What is his actual profit percentage?

  • 1
    260/11%
  • 2
    18.4%
  • 3
    22.5%
  • 4
    100/7%
  • Show Answer
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Answer : 4. "100/7%"
Explanation :

Answer: D) 100/7% Explanation: When profit is calculated on Marked Price (M.P) then, C.P = M.P - P% Let M.P = 100  => C.P = 100 - 30 = 70  But S.P = Rs. 80 as he gave 20% discount,  Now, Actual Profit = 80-7070x100   = 100/7 %

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