Question

2011,65. By selling an article at 80% of its marked price, a merchant makes a loss of 12% What will be
the percent profit loss made by the merchant if he sells the article at 95% of its marked price?
C. 10% profit
D. 4.5% profit
5% profit
B. 1% loss​

Answer 1

Answer:

Let marked price = ₹ 100 

And selling price = ₹ 80

In condition of 10% loss the cost price of article = (80 x 100)/90 = ₹ 800/9

According to the question, 

When SP = 95, then 

∴ Required profit percentage = [{95 - (800/9)} / (800/9)] x 100 = 55/8

= 6.9% (approx)

Answer 2

Answer:

Thank the above answer.