Question

the Marked price of an article is 20% of the SP and the CP is 30% below the Marked price find the percentage of discount on MP and profit percentage​

Answer 1

$\rm\bf\underline{Question:}$

the Marked price of an article is 20% of the SP and the CP is 30% below the Marked price find the percentage of discount on MP and profit percentage

$\rm\bf\underline{Solution:}$

The mp of an article is 30% higher than its cp and 20% discount is allowed on this article then the profit percentage? Select one: a. 25% b. 10% c. 4% d. 14%

let say cost price = C rs

marked price = C + (30/100)C = 1.3C rs

20% discount on MP = (20/100)×1.3C

= 0.26C

Selling price = Marked price - discount

= 1.3C - 0.26C

= 1.04C

Profit = Selling price - Cost price

= 1.04C - C

= 0.04C

Profit % = (0.04C/C) × 100 = 4%

option C - 4%

Answer 2

$\huge \tt \red {answer}$

The mp of an article is 30% higher than its cp and 20% discount is allowed on this article then the profit percentage? Select one: a. 25% b. 10% c. 4% d. 14%

let say cost price = C rs

marked price = C + (30/100)C = 1.3C rs

20% discount on MP = (20/100)×1.3C

= 0.26C

Selling price = Marked price - discount

= 1.3C - 0.26C

= 1.04C

Profit = Selling price - Cost price

= 1.04C - C

= 0.04C

Profit % = (0.04C/C) × 100 = 4%