The marked price of a chair is 10 percent more than its cost price. If the chair is sold for Rs. 132 after a discount of Rs. 11, then what will be the profit percentage?

Question

Bubu Dudu · Answer

MP=132+11=143, SP=132 given
10%=MP/CP=11/10 ,  MP=11-----×13---143 then CP=10×13=130 , profit=132-130=2 
P% =2/130×100=1.53%

The marked price of a chair is 10 percent more than its cost price. If the chair is sold for Rs. 132 after a discount of Rs. 11, then what will be the profit percentage?

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