Quantitative Aptitude :: Profit and Loss - Discussion
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Choose the correct option.
The printed price on a book is 400, a bookseller offers a 10% discount on it. If he still earns a profit of 12%, the CP of the book is:
A280
B352
C360
D300
Answer: Option (Login/Signup)
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STEP-BY-STEP
Lets assume book CP=Rs.X
Given printed price =Rs 400
Bookseller offer discount of 10%=0.1*400=40
Therefore new S.P =Rs 360
He still earn profit of 12%
So, X*112/100 =360
X = 321.428
Answer: Rs 321.428
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STEP-BY-STEP
THE ABOVE PROCEDURE IS CLEAR BUT 12 % IS GIVEN BUT U PLACED 20 %
SO THT IS WRONG PROCEDURE IS RIGHT 12% IS 112 AND 20% IS 120
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