Question

An article is sold at 30% loss. If the selling price is increased by 50%, then what is the profit percentage?​

Answer 1

Answer:

105%

Step-by-step explanation:

Previous SP of the article, =x-x×30/100

=x-3x/10

=7x/10

Now the SP is,

=7x/10+7x/10×50/100

=7x/10+7x/20

=21x/20

So profit =21x/20

So profit percentage =21x/20/x×100

=21/20×100%=105%