if a person marks the face value of his article 40% more than the purchase price, if he gives a discount of 20% on the marked price, what will be
the profit percentage?
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Step-by-step explanation:
According to given problem,
Let c.p be100
M.p=140
Let number of goods sold be x
C.p of x goods=100x
S.p of 30% of the goods=30x/100)140=42x
S.p of 60% of the remaining goods=(x-3x/10)(60/100)112
=7x/10)(60/100)112=1176x/25
S.p of remaining goods=(x-3x/10–21x/50)84
=14x/50)84=588x/25
Total s.p=42x+1176x/25+588x/25
=1050x+1176x+588x)/25=2814x/25
Profit=2814x/25-100x=314x/25
P%=(314x/25)/(100x)100=12.56%
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