Subject
Bank Exam
Topic
Exim Bank Trainee Officer 2014
Rana makes a 40% profit by selling his home, but loses 12% of the profit to taxes. What is the net percentage of profit Rana makes on the sale?
Rana makes a 40% profit by selling his home, but loses 12% of the profit to taxes. What is the net percentage of profit Rana makes on the sale?
ক)
2.8%খ)
4.8%গ)
25.2%ঘ)
35.2%Explanation
suppose, buying price of house 100 tk at 40% profit, selling price of house=(100+40)=140 tk so, profit=(140-100)=40 tk if 12% tax , then tax= 40 x 12/100=4.8 tk so,net profit= (40-4.8)=35.2Related questions
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