Question

. By selling an article at 2/3 rd of the
marked price, there is a loss of
10%. The profit percent, when
the article is sold at the marked
price, is
(1) 20%
(2) 30%
3) 35%
(4) 40%​

Answer 1

According to Question

Selling price = 2/3 marked price

Selling price/marked price = 2/3

If there is loss of 10%

cost price/Selling price = 10/9 > 10% loss

Cp/Sp= 10/9 Sp/Mp=2/3

Now their common ration will be

Cp Sp Mp

20 18 27

Profit = Marked price - Cost price

Profit = 27-20 rupees

Profit = 7 rupees

Profit percent = 7/20*100 = 35%


Therefore Profit percent is 35%