Question : The marked price of a calculator is Rs. 1200. It is sold at a discount of 25 percent. If the cost price of the calculator is Rs. 800, then what is the value of profit?
Option 1: Rs. 100
Option 2: Rs. 50
Option 3: Rs. 150
Option 4: Rs. 200
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Correct Answer: Rs. 100
Solution :
The marked price of a calculator is Rs. 1200.
It is sold at a discount of 25 percent.
So, selling price $=\frac{100-25}{100}×1200=900$
$\therefore$ Profit = 900 – 800 = 100
Hence, the correct answer is Rs. 100.
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