Question

the cost price of an article is 2400 and it is marked at 25% above the cost price. find the profit and profit percent, if the article is sold at 15% discount.

Answer 1

Let the Marked price be Rs a

Marked price = 2400 + 25 % of 2400

= 2400 + 25 × 2400 / 100

= 2400 + 2400 / 4

= 2400 + 600

= 3000

Marked price = Rs 3000

Now,

Selling price = Marked price - Discount

= 3000 - 15 % of 3000

= 3000 - 15 × 3000 / 100

= 3000 - 15 × 30

= 3000 - 450

= 2550

Selling price = Rs 2550

Now,

Profit = Selling price - Cost price

= 2550 - 2400

= 150

Profit = Rs 150

Profit percent = Profit × 100 / Cost price

= 150 × 100 / 2400

= 150 / 24

= 50 / 8

= 25 / 4

= 6.25 %

Answer 2

it's correct related to question