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A seller marks price on Mobile such that he can make 35% profit by giving 10% discount. However a customer bargained and availed 16% discount. Then what is the new profit percentage of seller?
  • a)
    24%
  • b)
    26%
  • c)
    28%
  • d)
    32%
  • e)
    Cannot be determined
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
A seller marks price on Mobile such that he can make 35% profit by giv...
SP = CP*135/100
SP = MP*90/100
CP = MP*90/135
Customer SP = MP*84/100
MP*84/100 = MP*90/135*(100+y)/100
100+Y = 126
Y = 26%
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A seller marks price on Mobile such that he can make 35% profit by giving 10% discount. However a customer bargained and availed 16% discount. Then what is the new profit percentage of seller?a)24%b)26%c)28%d)32%e)Cannot be determinedCorrect answer is option 'B'. Can you explain this answer?
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A seller marks price on Mobile such that he can make 35% profit by giving 10% discount. However a customer bargained and availed 16% discount. Then what is the new profit percentage of seller?a)24%b)26%c)28%d)32%e)Cannot be determinedCorrect answer is option 'B'. Can you explain this answer? for Quant 2024 is part of Quant preparation. The Question and answers have been prepared according to the Quant exam syllabus. Information about A seller marks price on Mobile such that he can make 35% profit by giving 10% discount. However a customer bargained and availed 16% discount. Then what is the new profit percentage of seller?a)24%b)26%c)28%d)32%e)Cannot be determinedCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Quant 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A seller marks price on Mobile such that he can make 35% profit by giving 10% discount. However a customer bargained and availed 16% discount. Then what is the new profit percentage of seller?a)24%b)26%c)28%d)32%e)Cannot be determinedCorrect answer is option 'B'. Can you explain this answer?.
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