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How much profit did Mahesh earn on the c...

How much profit did Mahesh earn on the cost price of an article by selling it?
A. He got `15%` discount on the marked price at the time of purchase.
B. He sold it for Rs.3060.
C. He earned `2%` profit on the marked price.

A

Only A and B both together are necessary.

B

Only B and C both together are necessary.

C

Only A or C both together are necessary.

D

All three A, B and C together are necessary

Text Solution

AI Generated Solution

To determine how much profit Mahesh earned on the cost price of an article by selling it, we will analyze the statements provided step-by-step. ### Step 1: Analyze Statement A **Statement A:** Mahesh got a 15% discount on the marked price at the time of purchase. - Let's assume the marked price (MP) is Rs. 100. - The discount he received is 15% of Rs. 100, which is Rs. 15. - Therefore, the cost price (CP) after the discount is: ...
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