What is the percentage profit that the shopkeeper makes on the items he sells? I.The articles sold had a labelled price of 130 percent of the cost price. II.Each piece has a cost of Rs. 550. III.A 10% reduction on the labelled price was offered.
A. Only I
B. Only II
C. I and III
D. All the three are required
Answer:C
What is the percentage profit that the shopkeeper makes on the items he sells? I.The articles sold had a labelled price of 130 percent of the cost price. II.Each piece has a cost of Rs. 550. III.A 10% reduction on the labelled price was offered.
A. Only I B. Only II C. I and III D. All the three are required