Question

An article was marked up by 20% and then sold at x% discount to get 10% profit. Find x.

Answer 1

Answer:

8.33%

Step-by-step Explanation:

[120/100] * [(100-x)/100] = [110/100]

x=(100/12)

x=8.33

:

Answer 2

Let C.P=y

Premium=20%

Discount=x%

Profit%=10%

M.P=6/5 of y

S.P=6x/500 of y

Profit %=Profit/C.P*100

=(6xy/500-y)/y * 100=10

On solving-

x=275/3=91.67