Question

Rahul marks the price of an article by 50% and then allows the discount of 20% and sells it to sunny.sunny sells it for 20 more than what he purchased,for this SP is 30% more than original CP of the article then sunny profit percentage is

Answer 1

Let original CP = p. ==> Marked price = 1.5p. Discounted price = (100-20)% of 1.5p = 0.8x1.5p = 1.2p.
Sunny's CP = 1.2p
Sunny's SP = 1.2p + 20.
Sunny's SP is 30% more than original CP.
==> 1.2p + 20 = 1.3p ==> p = 200.
==> Sunny's CP = 1.2p = 1.2x200 = 240
Sunny's SP = 240+20 = 260.
==>Sunny's profit = 20
==> Sunny's profit % = (Sunny's Profit / Sunny's CP) x 100 = (20 / 240) x 100
= 25/3 %