Question

an article is sold at a profit of 20%after allowing a discount of rs 480 on its marked price which is 50% more than its cost price​

Answer 1

50% = 1/2

Here cp = 2

Mp = 3

If Mp is 3 then difference 480


Mp = 1 difference 480 / 3 = 160



Now cp = 2 x 160 = 320


Sp = 320 x 120 / 100 = 384