SOLUTION: If a car is sold for RS 50000 the profit is 17% what would be profit percentage if sold for RS 47000?

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Question 1015933: If a car is sold for RS 50000 the profit is 17% what would be profit percentage if sold for RS 47000?
Answer by macston(5194) About Me  (Show Source):
You can put this solution on YOUR website!
Cost=RS 50000/1.17 =RS 42735.04
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(RS 47000/RS 42735.04)(100%)=109.98%
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ANSWER: The percentage profit would be 9.98%.
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