Question:
The marked price of a bicycle is 10,000. Manish bought the bicycle during the summer sale for a discount of \(33.33\%\). If Manish later sold the bicycle to Rahul for a price equal to the original marked price of the bicycle, then what was the percentage of profit earned by Manish?
The marked price of a bicycle is 10,000. Manish bought the bicycle during the summer sale for a discount of \(33.33\%\). If Manish later sold the bicycle to Rahul for a price equal to the original marked price of the bicycle, then what was the percentage of profit earned by Manish?
Updated On: Oct 22, 2024
- \(25\%\)
- \(33.33\%\)
- \(50\%\)
- \(66.67\%\)
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The Correct Option is C
Solution and Explanation
The correct answer is (C): \(50\%\)
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