Question

Even after reducing the marked price of a t.v.by rs 320, a shopkeeper makes a profit of 15%. If the cost price be rs. 3200,what percentage of profit would he have made if he had sold the t.v at the marked price?

Answer 1

Answer:

Hello there!

If needed more explanation, feel free to ask.

Step-by-step explanation:

1. For 15% profit :

SP = MP - 320

15/100 = { (MP-320) - 3200}/3200  (since profit is calculated w.r.t to CP)

MP= 4000

2. Now, profit for MP = 4000

P% = {(4000-3200) / 3200 } * 100

     = 25%

Hope it helps!