55.9k views
17 votes
The marked price of an article is Rs 2,800 which is 40 % above the cost price. If it

is sold by allowing 20 % discount, what will be the profit percent?


User Kidoher
by
9.1k points

1 Answer

5 votes

Answer:

mp=2800

mp=cp+40%ofcp=cp+40/100×cp=1.4cp

2800=1.4çp

cp=2800/1.4=2000

discount=20%

profit%=?

Explanation:

sp=mp-discount%of mp=2800-20/100×2800=2240

profit=sp-cp=2240-2000=240

profit%=profit/cp×100%=240/2000×100%=12%

User Sphoenix
by
8.0k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories