Question

the CP of article is 25% below the Marked price if that the article is available at 15% discount and its cost price is 2400 find its 1) marked price and 2) selling price and 3)the profit percent

Answer 1

Given,

CP= Rs. 2400

D = 15%

1) TO FIND MP

CP is 25% below MP,

CP = MP - MP*25/100

2400 = ((100-25)/100) * MP

((2400*100)/75) = MP

MP = Rs. 3200

2) TO FIND SP

SP = MP - MP*(D%/100)

SP = 3200 - 3200*(15/100)

SP = 3200 - 32*15

SP = Rs. 2720

3) TO FOND PROFIT

PROFIT = SP - CP

PROFIT = 2720 - 2400

PROFIT = 320

P% = (PROFIT/CP)*100

P% = (320/2400)*100

P% = 13.33%