Question

cost price of an article is increased by 15% and then 5% discount is given on it what is the profit percent ​

Answer 1

Step-by-step explanation:

Let initial price be Rs x

New, cost price = x+ 15% of x= 1.15x

Discount = 5%of 1.15x= 0.0575x

Selling price= 1.15x -0.0575x= 1.0925x

profit = 1.0925x - x = 0.0925x

so, profit %= 9.25 %

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Amrit