a shopkeeper buys a shirt for Rs 480.A girl buys it from him at a discount of 12.5% market price is 600.find profit percent
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Cost of shirt: Rs 480
Market price: Rs 600
Discount given: 12.5% × Rs 600 = Rs 75
Discounted price: Rs 600 - Rs 75 = Rs 525
Profit percentage:
(Rs 525 - Rs 480)/Rs 480 × 100%
= Rs 45/Rs 480 × 100%
= 9.375%
MelissaTan:
:)
A small error there ... Rs 45/Rs 480 × 100% = 9.375% , not 0.09375%
My answer is correct. When you calculate percentage, you always have to put 100% as 100/100.
You multiply by 100% to get percentage. If you multiply by 100/100, you are multiplying by 1 only.
Exactly, 100% = 100/100. Example, 50% = 50/100.
1/2 = 50% , because 1/2 x 100% = 50%
yaa
50% = 50/100 => you are changing from percentage to fraction.
My mistake. Sorry!
Thanks for the pointing out my error!
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