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39 vote

Study the information given below and answer the question that follows:An article was bought for Rs. 5200. Its price was marked up by 15%. Thereafter it was sold at a discount of 9% on the marked price.

Asked on by | Votes 39 | Views: 767 | Tags: sbi     | sbi clerk     | sbi clerk 03 june 2012     | discount     | quantitative aptitude     | Add Bounty

Study the information given below and answer the question that follows:
An article was bought for Rs. 5200. Its price was marked up by 15%. Thereafter it was sold at a discount of 9% on the marked price.


What was the per cent profit earned on the transaction ?
1). 4.85%
2). 4.65%
3). 4.35%
4). 4.45%


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2 answers

20 vote
Answered by on | Votes 20 |
Solution

Cost price = 5200

Selling price (after giving 9% discount on marked price) = 5200(1.15)(1-(0.09)) = 5441.8

Profit = 241.8

%Profit = $\frac{241.8}{5200}$ = 4.65

Accepted Answer

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4 vote
Answered by on | Votes 4 |
Solution

Cost price = 5200

Selling price (after giving 9% discount on marked price) = 5200(1.15)(1-(0.09)) = 5441.8

Profit = 241.8

%Profit = $\frac{241.8}{5200}$ = 4.65




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