A retailer purchased radio sets at the rate of Rs.4000 each from a wholesaler.…
20252023
A retailer purchased radio sets at the rate of Rs.4000 each from a wholesaler. He raised the price by 20% and then allowed a discount of 10% on each set. His profit will be
Answer: B. 8% — Explanation: Marked price = 4000 × (1 + 20/100) = 4800. Selling price after 10% discount = 4800 × (1 − 10/100) = 4320. Profit = 4320 − 4000 = 320. Profit…
- A.
10%
- B.
8%
- C.
5.5%
- D.
19.6%
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Correct answer: B
Explanation:
Marked price = 4000 × (1 + 20/100) = 4800.
Selling price after 10% discount = 4800 × (1 − 10/100) = 4320.
Profit = 4320 − 4000 = 320.
Profit percentage = (320/4000) × 100 = 8%.
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