An article was purchased for Rs.78,350. Its price was marked up by 30%

1.	An article was purchased for Rs.78,350. Its price was marked up by 30%. It was sold at a discount of 20% on the marked up price. What was the profit percent on the cost price?1). 42). 73). 54). 3
Answer» Solution Marked PRICE = 78,350 + 30% of 78,350 = RS 1,01,855 Price after DISCOUNT = 101855 -20% of 101855 = Rs 81,484 Profit = Rs 3,134

An article was purchased for Rs.78,350. Its price was marked up by 30%. It was sold at a discount of 20% on the marked up price. What was the profit percent on the cost price?1). 42). 73). 54). 3

Answer»

Solution

Marked PRICE = 78,350 + 30% of 78,350 = RS 1,01,855
Price after DISCOUNT = 101855 -20% of 101855 = Rs 81,484
Profit = Rs 3,134

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An article was purchased for Rs.78,350. Its price was marked up by 30%. It was sold at a discount of 20% on the marked up price. What was the profit percent on the cost price?1). 42). 73). 54). 3

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