Question

Master buys 40 hats for the rate of 36 hats from a shopkeeper. If Master sold those hats with a 1% discount then
what is his profit in percent?​

Answer 1

Answer:

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Answer 2

Answer:

Let MP of 1 hat = Rs. 1

=> CP of 40 hat = Rs. 36

=> SP of 40 hat = 40×99/100= Rs.39.6

=> Profit % = 39.6−36/36×100=10%

=10% of profit

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