Question

42. An article was purchased for. Rs. 78,350. Its price was
marked up by 30%. It was sold at a discount of 20% on
marked price. What was the profit % on the C.P.?

Answer 1

Step-by-step explanation:

here marked up means increasing price

so here increased price by 30%

SP=78,350

30/100×78350=23505

he increased 23505

78350+23505=1,01,855=MP

again in that he given discount 20%

20/100×101855=20371

he given 20,371 discount

mean 101855-20,371=81484

he totally sold for 81,484

mean purchased for 78,350. and sold for 81,484

by that profit 81484-78350=3134

now profit percentage =3134/78350×100=4%

finally he sold for 4%profit