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A seller expects a 32% return on his purchase price. If its sales in one day were 528. What was his profit amount?A. Rs. 120B. Rs. 128C. Rs. 132D. Rs. 1401. A2. B3. C4. D |
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Answer» Correct Answer - Option 2 : B Given: The seller expects 32% return on his purchase price. The seller sell in one day was 528. Concept Used: Purchase price = 100/(100 + Return%) × Selling price Calculation: The seller expects 32% return on his purchase price. The seller sell in one day was 528. The purchase price = 100/(100 + 32) × 528 = 100/132 × 528 = 400 The profit amount = 528 - 400 = Rs.128 ∴ The profit amount is Rs.128. |
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