alleryList price Rs 1000; a dealer gets 20% and 10% successive discounts and sells at Rs 900. Profit?
A25%
B15%
C30%
D20%
Answer & Solution
Correct answer: A. 25%
Cost = 1000 x 0.8 x 0.9 = 720, so profit 180/720 = 25 percent.
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