InterviewSolution
Saved Bookmarks
InterviewSolution
| 1. |
A shopkeeper sold an article at 20% discount and earned d profit of 4%. By what percent the marked price of the article more than the cost price of the article ?1). 20%2). 15%3). 40%4). 25% |
|
Answer» Solution Let the cost price of each article = Rs. $100x$ => SELLING price = $\frac{104}{100} \times 100x = 104X$ ------------------Eqn(1) Let the marked price = Rs. $100y$ Selling price of article after 20% discount = $\frac{80}{100} \times 100y = 80y$ ------------Eqn(2) Comparing eqns(1) & (2), we get : => $104x = 80y$ => $\frac{y}{x} = \frac{104}{80} = \frac{13}{10}$ $\therefore$ Required % by which marked price is more than the cost price = $\frac{13 - 10}{10} \times 100 = 30 \%$ |
|