a tv is marked 50%above its cost price .if a discount of 30%is given on the radio find the profit %or loss%made on selling the radio
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Answer:
Profit percentage=5%
Step-by-step explanation:
Let the cost price be =100₹
Marked price= Cost price +above 50% cost price
Marked price=100+50
=150₹
Now according to question
Selling Price after discount =150×100-30/100
=150×70/100
=105₹
Profit=Selling price- cost price
=105-100
=5₹
Profit %= profit/cost price ×100
=5/100×100
=5%
so profit % will be 5%
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