Multiple Choice Questions on Rahul gains 17 after allowing a discount of 10 on the marked price Find profit percent if he s........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

Rahul gains 17 after allowing a discount of 10 on the marked price Find profit percent if he s...........

Quantitative Aptitude ( CCS) Profit and loss
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     Rahul gains 17% after allowing a discount of 10% on the marked price. Find profit percent if he sold the article without discount?

    30%

    Correct Answer

    15%

    Incorrect Answer

    17%

    Incorrect Answer

    10%

    Incorrect Answer
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    Explanation:

     Let the cost price = Rs.100
    Therefore, Selling price = 100×117100=Rs.117
    Therefore, Marked price = 117×10090=130
    Therefore, Profit Percentage = (130−100)100×100=30%

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