The cost price of an article is Rs.2400 and it is not at 25% of the cost price find the profit and the profit percent sold at 15% discount
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Answer:
C.P. = ₹ 2,400
∴ Marked price = (2400(100 +25))/100
= 24 × 125
= ₹ 3000
Discount = 15%
∴ S.P. = (3000 × (100 -15))/100 = 30 × 85 = ₹2550
∴ Profit = ₹ 2550 - ₹ 2400 = ₹150
Profit% = (150/2400) × 100 = 50/8 = 25/4 = 6.25%
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