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Profit and Loss

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  1. Raghavan purchased a scooter at (13 / 15) of its selling price and sold it at 12% more than its selling price. His gain is.
    1. 20%
    2. 30%
    3. 38
      1
      		%
      13
    4. 29
      3
      		%
      13
Correct Option: D

Let marked price be x.

∴ C.P. =
13
x
15

S.P. =
112x
100

∴ Profit =112x-13x
10015

Profit

∴ Profit % =
76x
×
15
× 100
30013x

Profit % =
380
= 29
3
%
1313


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