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An article was sold by a trader whose ratio between Discount, Profit and Selling price is 2.5 : 3.5 : 10. Find the marked-up percentage.1. 89.52%2. 86.25%3. 92.30%4. 75.24%5. 85.24% |
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Answer» Correct Answer - Option 3 : 92.30% GIVEN: Let, D : P : S.P = 2.5x : 3.5x : 10x FORMULA USED: 1) Marked price = selling price + D 2) Profit = selling price - cost price CALCULATION: ⇒ Marked price = 12.5x ----(1) ⇒ Profit = selling price - cost price ⇒ Cost price = 6.5x ----(2) ⇒ Marked up = Marked price – Cost price ⇒ Marked up = 6x ⇒ Markup percentage = (6x/6.5x) x 100 ⇒ Markup percentage = 92.30% |
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