22. The amount of discount offered on an article was
three times the profit made on selling it. If the article
was marked up by 100% before offering the
discount, then what was the percentage of profit
made on selling it?
(A) 10%
(B) 20%
(C) 25%
(D) 75%
Answers
Answer:
I guess c is the correct answer
Step-by-step explanation:
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Answer:
The correct answer is (C) 25%.
Step-by-step explanation:
From the above question,
Let's count on that the value rate of the article is a hundred dollars.
Given that the cut price supplied is three instances the earnings made on promoting it, let's say the income made on promoting it is x dollars. Then, the bargain presented would be 3x dollars.
Now, the article is marked up by means of 100%, which skill the promoting charge would be two instances the price price,
i.e., 200 dollars.
After providing the discount, the promoting fee would be,
200 - 3x dollars.
We understand that income = promoting rate - price price, so we can write:
x = (200 - 3x) - 100
Solving for x, we get x = 25.
Therefore, the earnings made on promoting the article is 25 dollars, which is 25% of the value rate (100 dollars).
Hence,
The correct answer is (C) 25%.
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