he bought some oranges from india at ŔS 100 per kgc. she decided to sell them for ŔS 200 per kgc at Thimphu.After having paid ŔS 5 per kg for the transportation ,find one markup price?,
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Given : bought some oranges from india at ŔS 100 per kg Decided to sell them for ŔS 200 per kgc at Thimphu.After having paid ŔS 5 per kg
To find : markup %
Solution:
Oranges bought for Rs 100 /kg
Transportation Cost = Rs 5 kg
Cost price = 100 + 5 = RS 105 /kg
Selling Price = Rs 200 kg
Price Mark up = 200 - 105 = Rs 95 / kg
Mark up % = (95/105) * 100 = 90.5 %
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