Question discussion

A person bought an old TV at Rs.4000 and spent 20% of its cost on repairing. If the person wants to make a net profit of Rs.520, to what pe…

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A person bought an old TV at Rs.4000 and spent 20% of its cost on repairing. If the person wants to make a net profit of Rs.520, to what percentage should he add, in the purchase price while determini
  • A13 %
  • B23 %
  • C33 %
  • D43 %
Correct answer: C

Discussion 1

0
CCommunity
33 %

The expense on repairing = 20% of 4000 = Rs.800

Profit expected = Rs.520, 800 + 520 = Rs.1320.

:.To get Rs.520 as profit SP = 4000 + 1320 = Rs.5320.

Rs.1320 = 33% of Rs.4000. :. 33%