Question
A trader bought a car at 20% discount on its original price. He sold it at a 40% increase on the price he bought it. What percent of profit did he make on the original price?
Answer: Option C
ORIGINAL PRICE = 100
CP = 80
S = 80*(140/100) = 112
100 – 112 = 12%
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ORIGINAL PRICE = 100
CP = 80
S = 80*(140/100) = 112
100 – 112 = 12%
Was this answer helpful ?
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