Question

Anand marks up the price of an article by 50% and then allows a discount of 20% and sells it to Balaji. Balaji sells it for Rs.720 more than what he purchased for, this S.P is 30% more than the original C.P of the article. Then Balaji’s profit % is​

Answer 1

Answer :-

Let original cost price = 100 units

» Cost price of balajii = 100×150/100×80/100

= 120 units

» Selling price of Balaji = 130/100×100

= 130 units

» Profit of Balaji = 130−120

= 10 units

» Profit percent = 10/120×100

= 8.33%