Question

268. C.P. of 40 articles is equal to
MRP. of 36 articles. He gives 1%
discount at the time of selling.
Find the profit %?
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Answer 1

Answer:

et the cost price be 100

Marked price is 30% above it or 130.

Discount given is 10% of 130 or 13

Sale price is 130–13 =117

Profit is 17

Profit as percentage of cost is 17/100=17%