an article is sold on profit when a discount is given on the marked price and on loss of 1 rupee if 10% more discount is given.if 10%less discount is given then profit increased by 5 rupee then find the initial profit ?
Answers
Answered by
16
Answer:
Step-by-step explanation:
Let profit = x
Then
10% of mrp = x+1
10% of mrp = 5
Now, x+1 = 5
x = 4
Ans=4
Answered by
1
The initial profit is 16.66%.
Step-by-step explanation:
Given:
Discount = 10%
Profit made by 5 rupee it means Profit = 5%
To Find: The initial profit.
Formula used:
SP = [(100 – %Discount )/100] MP ---------------------- Formula no.01
Profit % = [(SP - C P)/C P] × 100 ---------------------------formula no.02
Here, SP =selling price, C P= cost price & MP = market price
Solution:
Let the marked price of the article be Z.
Applying the formula no.01
Applying the formula no. 02
Profit of 5% is made.
Applying the formula no. 02.
Profit % = 16.66%
The profit percentage is 16.66%.
Thus, The initial profit is 16.66%.
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