The cost price of an article should be increased by what percentage so that after giving 20 percent discount on it, 44 percent profit is obtained ?
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Answer:
Step-by-step explanation:
Let the cost price of the article = 100
The marked price of the article = x
According to question,
x×80100=100×120100
x = 150
When no discount is given,
Selling price = 150
Profit percentage = 150−100100×100 = 50%
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