Nimra by a laptop 20% discount on original price than sell on 40% So, what was the total profit on original price?
Answers
Answer:
75%
Step-by-step explanation:
Let the original price be S.
She buys it at 20% discount so its cost price is .8 S
She sells at 1.4S
Therefore profit=
*100 - 100=175% - 100% = 75%
Profit on original price would be 12%
Step-by-step explanation:
Let x be the original price of the laptop,
If there is discount of 20%,
Then the cost price of the laptop = original price - discount
= x - 20% of x
= x - 0.2x
= 0.8x,
Now, markup percentage = 40%,
So, selling price = cost price + markup
= 0.8x + 40% of 0.8x
= 0.8x + 0.4(0.8x)
= 0.8x + 0.32x
= 1.12x
Thus, the total profit on original price = selling price - original price
= 1.12x - x
= 0.12x,
Hence, total profit% on original price =
= 12%
#Learn more:
A new laptop computer is on sale for $525.00, which is 25% off of its original price. What was the original price of the computer?
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