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The marked price of an article is 50% more than its cost price. If the article is sold for Rs 1300 after offering a discount of Rs 200, then what will be the profit percentage?1). 30%2). 50%3). 20%4). 25% |
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Answer» SELLING Price of the ARTICLE = 1300 MARKED Price of the article = 1300 + 200 = 1500 Let Cost Price of the article = 100% Marked Price of the article = 100% + 50% = 150% 150% = 1500 Cost Price = 100% = (1500/150%) × 100% = 1000 Profit % = [(1300 - 1000)/1000] × 100 = 30% |
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