Find the percent profit of an article when its cost is increased by 50 % and discount is given as 20 %.
1) 15 % 2) 10 % 3) 20 % 4) None of these.
please give correct answer...
step by step answer please
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Step-by-step explanation:
Let us assume cost price =Rs 100.
Makeup percentage of an article = 50%
Marked price =100+100*50/100=150
Discount = 20%
Selling price=Marked price-Marked price*Discount %
S=150−150∗20/100
S=150−30=120
Profit %=(Selling price-Cost price)*100/Cost price
P=(120-100)*100/100
P %=20 %
Answer 20 %
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