The marked price of an article is 550.A shopkeeper allows a discount of 20% and still gets a a profit of 10% if he sells it it for 470 his profit percent it will be what?
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Answered by
2
Answer:
His profit percentage will be 15.74%
Step-by-step explanation:
The marked price is 550
Discount is 20% = 550 × 0.20 = 110
So, selling price is 550 - 110 = 440
But his profit is = 10% = 440 × 0.10 = 44
So his cost price is 440 - 44 = 396
If he sells dis product for 470
his profit would be 470 - 396 = 74
and his profit percentage will be = (74 ÷ 470) × 100 = 15.74 %
I hope you have got ur answer my dear friend ✌
Answered by
3
Answer : Profit% = 17.5%
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