Q. Rajnish bought an item at 25% discount on the printed price. He sold it at 10% discount on the printed price. What is his profit in percentage?
- 10
- 15
- 17.5
- 20
- None of the above
EXPLANATION
Let’s assume that the printed price is ₹ 100.
Cost Price = 25% discount on the printed price = ₹ 75.
Selling Price = 10% discount on the printed price = ₹ 90.
Profit = SP – CP = ₹ 90 – ₹ 75 = ₹ 15
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