Rajesh purchased an electronic item from a wholesaler. item was marked for Rs. 2500. wholesaler offered a discount of 20%. Rajesh sold the item for Rs. 2300. find his profit or loss in %.
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❏QUESTION :-
Rajesh puchased an electronic item from a wholesaler. Item was marked for Rs. 2500. Whole-saler offered a discount of 20%. Rajesh sold the item for Rs. 2300. Find his profit or loss %.
❏ANSWER:-
Marked price of electronic item = 2500
Discount offered = 20%
% paid = 100-20=80%
Amount paid or CP of the item = 80/100x2500
2000
SP = 2300
Profit = 2300-2000
=300
Profit % = 300/2000x100
=15%
❏THANKS.
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