Mathematics · Profit and Loss
Anil buys 12 toys and labels each with the same selling price. He sells 8 toys initially at a 20% discount on the labeled price. Then he sells the remaining 4 toys at an additional 25% discount on the discounted price. Thus, he gets a total of Rs 2112, and makes a 10% profit. With no discounts, his percentage of profit would have been:
- 154%
- 250%✓
- 355%
- 460%
Correct answer
50%
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