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Ashok Kumar

· started a discussion

· 1 Months ago

Any shortcuts please

Question:
A mechanic purchases a scooter with marked price of Rs.2600 at successive discounts of 10% and 5%. If he spent Rs.477 for its repair etc. and sold it for Rs.2835, then the profit or loss percent in this deal is:
Options:
A) 5% profit
B) 5% loss
C) 7% profit
D) 7% loss
Solution:

Ans: (a)

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