A) 7
B) 7.5
C) 8
D) 9
Correct Answer: C
Solution :
[c] Given, selling price of an umbrella = Rs. 30 Profit percentage = 20% \[\therefore \] Cost price of an umbrella \[=\frac{30\times 100}{120}=\text{Rs}.\,\,25\] During the clearance sale, selling price of an umbrella \[=\frac{30\times 90}{10}=\text{Rs}.\,\,27\] \[\therefore \] Required profit percentage \[=\frac{27-25}{25}\times 100=8%\] |
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