Question

Question 10 Yuvaraj Singh marks up the price of an article by 40% and 45% successively. Then he gives a discount of 20% and 25% successively. Find the profit percentage earned by him? 6/45 questions attempted​

Answer 1

it's is 56 percentage of

Answer 2

Answer:

Profit percentage earned by him = 170.66%

Step-by-step explanation:

Lets assume at first the cost price of article was 100.

• Mark price: Mark price increase by 40%

                        means price increase 40 in 100

          So the price becomes = 100 + 40 = 140

       (Successively increase means next increase will be calculated over the total increased amount.)

          Next increase = 45%, which means price increase 45 in 100

      So in 140 the increased price = $\frac{140*100}{45}$ = 311.11

       Final price becomes = 140 + 311.11 = 451.11

• Discount: 20% discount on 451.11 → Amount of discount = $\frac{451.11*20}{100}$ = 90.22

         Now the price becomes = 451.11 - 90.22 = 360.88

       25% discount on 360.88 → Amount of discount = $\frac{360.88*25}{100}$ = 90.22

         The final price becomes = 360.88 - 90.22 = 270.66

• Profit: Cost price = 100 and selling price = 270.66

                    Profit = selling price - Cost price = 270.66 - 100 = 170.66

       Profit percentage = $\frac{profit * 100}{cost price}$ = $\frac{170.66*100}{100}$ = 170.66%

       ∴ Profit percentage earned by him = 170.66%

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