an item was marked up by 40% and after that a discount of 20% is given in it. if each item costs Rs 225. then what profit is earned by selling it?
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1
Answer:
₹27
Step-by-step explanation:
Given:-
C.P. = ₹225
*In this question, we have been given that an item was first given an MRP of CP + 40%
and then 20% discount of (CP + 40%) was the SP
CP + 40%
=> 225 + (225 * 40/100)
=> 225 + 90
=> ₹315
Now SP = NEW CP - 20%
=> 315 - (315 *20/100)
=> 315 - 63
=> ₹252
SP = ₹252
Profit = SP-CP
=> ₹252 - ₹225
=> ₹27 ANS
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