Math, asked by sapanaborade18, 1 year ago

An article is marked 60% above the cost price and sold at 20% discount. Find the profit percent made.

Answers

Answered by Raghav243

28%
hope it will help u

sapanaborade18: Answer is correct but Please elaborate your solution.

Raghav243: take cost price as rs. 100 and then do the following

EmadAhamed: See my answer for steps

Raghav243: then add 60% to the cost price then it becomes rs. 160 then charge 20 % discount on rs 160 which will be 32 rs now subtract this from cost price and calculate the profit and get its percentage

Answered by EmadAhamed

↑ Here is your answer ↓
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Let's suppose that the cost price is '$100'

The selling price is 60% more than cost price.

So, 60% of 100 + 100

=> 60 + 100
=> 160

Now, he sold it for 20% discount

=> 160 - 20% of 160
=> 160 - 32
=> 128

$128 has 28% profit from $100

So, the answer is 28%

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