Question

19. The price of a pair of shoes is marked up by 30% on the cost price and a discount of 15% is then offered on it. What is the profit percentage?
a) 10.5%
b) 19.5%
c) 9.5%
d) 20.5%; 19. The price of a pair of shoes is marked up by 30% on the cost price and a discount of 15% is then offered on it. What is the profit percentage?; a) 10.5%; b) 19.5%; c) 9.5%; d) 20.5%

Answer 1

let cp be x

mp=x+0.3x

discount=15%

sp=85%of mp

discount percentage=(mp-sp)/sp *100%

15=mp-sp)/(0.85+0.255)x*100

.15*1.105=1/x

x=15.2091