EMP Q.11
- Option : A
- Explanation :
CP of the merchant who calculates his % profit on CP = (3760/1.175) =Rs.3200
His profit = 0.175 x 3760 = Rs.560
Profit of the merchant who calculates his % profit on SP = 0.175 x 3760 = Rs.658
Difference in profit = 658 - 560 =Rs.98.
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