Question

the market price of a chair was Rs.1200. this price was 20% above the cost price. it was sold at a discount of 10% on the market price. find the profit percentage​

Answer 1

Answer:

its 8%

Step-by-step explanation:

cost price =1200×5/6=1000

sold on 10% discount on market price

=1200-(120)=1080

cost price =1000

Selling price =1080

profit =80 which is 8%of cost

hope it helps you thanks