If 10% discount is allowed on the marked price then profit is 20%. If the discount is
increased to 20%, then what will be the profit?
Answers
Answered by
2
Answer:
6.7%
Step-by-step explanation:
MP = 100
d% = 10%
SP = 100 - 10 = 90
P = 20%
hence....CP = SP × 100 / (100+P)
CP = 90 × 100 / 120 = 75
now....d% = 20%
SP = 100 - 20 = 80
but CP = 75
then P = SP - CP
P = 80 - 75 = 5
P% = P × 100 / CP
P % = 5 × 100 / 75
P% = 6.6667% ~ 6.7%
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