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A dealer marks a sofa 40% above its cost price of Rs 10000.
During a sale he offers a 25% discount.
Does he make a profit or loss, and of how much?

Class 8Discount and TaxComparing Quantities
  • AProfit of Rs 500
  • BLoss of Rs 500
  • CProfit of Rs 1500
  • DNo profit no loss

Step-by-Step Solution

Marked price = . SP = . Profit = 10500 - 10000 = Rs 500.
Answer: A) Profit of Rs 500

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