A TV was purchased for Rs. 54000. Its price was marked up by 40%.It was sold at a discount of 20% on the marked price. What was the profit percent of the cost price? A. 10% B. 11% C. 15% D. 12%
Answers
Answer:
The correct answer is 12%
Step-by-step explanation:
As if the cost price of the TV i.e 54000 will be increased by 40% it will become 75600 and a discount of 20% was give so it's selling price will be 60480 and if subtract Cost price from selling price we will get a difference of 6480 that is the profit which is 12% of the cost price
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Answer:
The profit percentage is D. 12%
Step-by-step explanation:
Given, C.P of a T.V. = ₹ 54000
Marked price = 40%
Amount of marked price = 40% of 54000
= 40/100 × 54000
= 40 × 540 = 21600
Marked price = 54000 + 21600 = 75600
Discount = 20%
Amount of discount = 20% of 75600
= 20/100 × 75600
= 20 × 756 = 15120
Selling price = 75600 - 15120 = 60480
Profit = S.P. - C.P = 60480 - 54000 = 6480
Profit percentage = (6480/54000 × 100)%
= (648/54)% = 12%(answer).
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