Amit purchased stationery marked for ₹8,000 at 12% discount and spent 160 on transportation. He sold the stationery at the marked price. Find his profit percentage.
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. 11
Explanation:
Selling price of stationary for Amit = ⇒ S.P. = 7040
Now Cost price for Amit = 7040 + 160 = 7200
Amit sells the stationary at marked price thenS.P. by Amit = 8000
Profit = 8000 - 7200 = 800
Now Profit % = = %
HEnce the required answer is %.