What Percentage Profit did He make on the Original Price? If

Suresh bought an oven at 10% discount on its original price. He sold it at 30% increase on the price he bought it. What percentage profit did he make on the original price?

  1. 32%
  2. 117%
  3. 17%
  4. 20%
Manish Listener Asked on 26th July 2015 in Maths.
Add Comment
1 Answer(s)

Answer: (3) 17 %
Explanation:-
Let the original price be Rs.100
Suresh bought an oven at 10% discount on its original price.
Then, the C. P . for Suresh = 100 – 100 x 10/100 = 100 – 10 = 90
He sold 30 % increase on the C. P .,
Then, the S. P . of the oven = 90 + 90 x 30/100
= 90 + 27
= 117
The profit = 117 – 100 = 17 %
Hence, the answer is (3) 17%.

Anurag Mishra Professor Answered on 26th July 2015.
Add Comment

Your Answer

By posting your answer, you agree to the privacy policy and terms of service.