a dealerbuy a bicycle for 1250 and marks it at 40% and above its cost price if he below 8% discount find the selling price of the bicycle and profit percentage
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1
Answer:
CP = Rs.1250
Marked Price = 140% of CP = 140/100 × 1250 = Rs.1750
Discount = 8% of MP = 8/100 × 1750 = Rs.140
Hence, Selling price = Rs.1750 - 140 = Rs.1610
Profit = SP - CP = Rs.1610 - 1250 = Rs.360
Profit% = 360/1250 × 100 = 28.8%
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Answer:
28.8 % is your answer
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