Question

A profit of 30% is made on goods when a discount of 20% is given on the marked price.
What profit per cent will be made when a discount of 30% is given on the marked
price?

Answer 1

Answer:

Step-by-step explanation:

Answer 2

let marked price=100

first discount=20%

selling price=100-(100×20/100)=80

cost price=80×100/(100+30)=800/13

second discount=30%

selling price=100-(100×30/100)=70

profit=70-800/13=110/13

profit percentage=110/13×13/800=(110×100)/800=13.75