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The marked price of an article is 60% more than its cost price. If the article is sold for Rs. 300 after offering a discount of Rs. 20, then what will be the profit percentage?1). 402). 503). 254). 45 |
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Answer» SP of the ARTICLE = 300 MP of the article = 300 + 20 = 320 Let CP of the article = 100% MP of the article = 100% + 60% = 160% ⇒ 160% ≡ RS. 320 ⇒ (CP) = 100% ≡ Rs. 200 ∴ PROFIT % = (200 - 100)/200 × 100 = 50% |
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