Sakshi marks an article up to 50% and allows a discount of 20% and sells it to Priya, who sells it for Rs 20 more than the cost price, which is 30% more than the original cost price. Then the profit percentage of Priya is?
Answers
8.33%
Step-by-step explanation:
Let the cost price of Sakshi = Rs.a
Then her marked price = Rs. 1.5 and her
selling price = Rs. 1.5a (0.8) = Rs. 1.2a
Priya's cost price = Rs. 1.2a
Priya's selling price = Rs. (1.2a + 20)
= Rs. 1.3a ⇒ a = 200
So, Priya's cost price = 1.2a = Rs. 1.2 (200) = 240 Priya's profit % = (20/240) x 100% = 8.33%
Hope it helps! :)
Given that,
Sakshi marks an article up to 50% and allows a discount of 20% and sells it to Priya, who sells it for Rs 20 more than the cost price, which is 30% more than the original cost price.
Let assume that
Cost Price of an Article be Rs 100
As she maks an article up to 50 %.
It means, Marked Price of Article = 100 + 50 = Rs 150
Now, Discount % = 20%
We know,
So,
So,
Selling Price of Sakshi becomes Cost Price of Priya
Now,
Priya sells an article which is 30 % more than the original Cost price.
So, it means
Selling Price of an Article = 100 + 30 = Rs 130
Now, We have
Cost Price of article = Rs 120
Selling Price of article = Rs 130
So, it implies Selling Price > Cost Price
So, it means there is Profit in this transaction
We know
Now, We know that
So, on substituting the values, we get
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