1.

What is percentage profit in selling an article at a discount of 20% which was earlier being sold at a 40% profit ?

Answer»

12%



INITIALLY
CP =100 
SP = 140 (SINCE profit = 40 %) 

New PRICE :
CP =100 
SP = 140 - 20% = 112 
MP = 140

Profit % = [(112 - 100 )/100] = 12 % 



Discussion

No Comment Found