Question

Shop Reyer marked an article 60% above it cost
price and after allowing a discount of Rs 600.
he earned a profit at 20%. find profit percent
when it is sold at Rs 2000.​

Answer 1

Answer:

Step-by-step explanation:

Let the CP be Rs100

MP=100+(60/100×100)

=Rs160\

Then 20% discount was allowed,

Discount %=20

Discount =20/100×Rs160

=Rs32

SP=MP−Discount

SP=Rs(160−32)

=Rs128

Profit=Rs(128−100)

=Rs28

Profit%=Profit/CP×100

=(28/100×100)%

=28%