anand marks up the price of an article by 50% and then allows a discount of 20% and sell it to balaji.balaji sells it for rs20 more than what he purchased for,this sp is 30%more than the original cp of the article.then what is balaji's profit?
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Answer:
Step-by-step explanation:
let the cost price of the article be x
increased by 50%
50% of x =x/2
increased price =x+x/2
=(2x+x)/2
=3x/2
discount %=20%
20%of 3x/2 = 3x/2*1/5
=3x/10
reduced price = 3x/2-3x/10
=(15x-3x)/10
=12x/10
=6x/5
so balaji bought it for 6x/5
balaji sold it for 6x/5+20
=(6x+100)/5
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