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Deepak marks the price of his table 60% above the cost price. He gives some discount on it and earns profit of 15.2%. What is the discount percentage?

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Deepak marks the price of his table 60% above the cost price. He gives some discount on it and earns profit of 15.2%. What is the discount percentage?
1). 36.4
2). 28
3). 44.8
4). 38.9


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1 vote
Answered by on | Votes 1 |

Let the cost price be Rs. 100

Marked price = 100 + 60% of 100 = Rs. 160

Profit = 15.2% of 100 = Rs. 15.2

Selling price = 100 + 15.2 = Rs. 115.2

Now,

Discount = 160 – 115.2 = Rs. 44.8

∴ Discount % = (44.8/160) × 100 = 28%

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