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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?

- 32%
- 117%
- 17%
- 20%

1 Answers

Professor

**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%.

Answered by Anurag Mishra on 26th July 2015..