Question

The marked price of an article is 60% above the cast price. The loss becomes double, when CP is
increased by 30% and SP is increased by 20%. If marked price is Rs. 3200, what is the original selling
price

Answer 1

Answer:

Let’s say the CP of the article is x

Then S.P. = 1.6x

Since there was a discount of Rs 20.

The actual S.P. was (1.6x - 20) = 300

So x = 320 / 1.6 = 200

Profit = Actual S.P. - C.P. = 300 - 200 = 100

So Profit % = (Profit / C.P) * 100 = (100 / 200) * 100 = 50%

Hope this helps. :)

Answer 2

Answer:

Profit % = 50%

Step-by-step explanation:

Let’s say the CP of the article is x

Then S.P. = 1.6x

Since there was a discount of Rs 20.

The actual S.P. was (1.6x - 20) = 300

So x = 320 / 1.6 = 200

Profit = Actual S.P. - C.P. = 300 - 200 = 100

So Profit % = (Profit / C.P) X 100

= (100 / 200) X 100

 =  50%