MCQ

A wooden almirah is sold at a certain price. By selling it at 2/3 of that price one loses 10%. Find the profit percent at the original price

#### Options

15%

25%

35%

45%

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#### Solution

**35%**

**Explanation:**

Let SP_{1} = 300

SP_{2} = 200 .........`[∴2/3 "of" "SP"_1]`

Let CP = ₹ x

Loss % = 10`=90/100`of CP = 200

x =`2000/9`

Profit %`=(300-"x")/"x"xx100`

`=(300-2000/9)/(2000/9)xx100=35%`

Concept: Percentage, Discount and Partnership (Entrance Exam)

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