Question

CP of an item is 2/5 of mp and if it is sold at a Discount of 10 percent.Then there will be profit of?

Answer 1

let the M.P. be x ,

C.P. = 2/5 of x

= 2x/5

if sold at a discount of 10 percent,

S.P. = x - x of 10/100

= x - x/10

= 9x/10

profit = 9x/10 - 2x/5

= 9x/10 - 4x/10

= 5x/10

profit percent = 5x/10 ÷ 2x/5 X 100

= 5x/10 X 5/2x X 100

= 0.5 X 2.5 X 100

= 1.25 X 100

= 125

The question may not be appropriate since the profit percent is becoming 125 percent.

Method (ii)

M.P. = 100

C.P. = 40

S.P. = 100 - 100X0.1

= 100 - 10

= 90

profit = 50

profit percent = 50/40 X 100

= 125