A wooden almirah is sold at a certain price. By selling it at 2/3 of that price one loses 10%. Find the…
The correct choice is: “35%” Let the cost price be 100. At 2/3 of the original price there is a 10% loss, so (2/3) × SP = 90 and SP = 135. Profit at the original price = 135…
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A wooden almirah is sold at a certain price. By selling it at 2/3 of that price one loses 10%. Find the profit per cent at the original price.
Answer and explanation
Correct answer C
The correct choice is: “35%”
Let the cost price be 100. At 2/3 of the original price there is a 10% loss, so (2/3) × SP = 90 and SP = 135. Profit at the original price = 135 − 100 = 35, i.e. 35%.
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