Question

Ram bought a computer with 15% discount on the labelled price and sold it with 10% profit on the labelled price. Approximately what was his percentage of profit on the price he bought

Answer 1

So his total profit gained will be
25 percent

Answer 2

Answer:

Profit percentage on the price he bought = 29.41 %

Step-by-step explanation:

Let the labelled price be Rs. 100

Ram bought a computer with 15% discount on the labelled price

⇒ So, His Cost Price = 100 - 15% of 100

                                   = 100 - 15

                                   = Rs. 85

Also, Ram sold it with 10% profit on the labelled price.

⇒ Selling Price = 100 + 10% of 100

                          = 100 + 10

                           = Rs. 110

Profit = 110 - 85

          = Rs. 25

Now, Profit percentage on the price he bought = 25/85 × 100

                                                                                  = 29.41 %