Question

The mp of an article is 50% more than cp which is 12000. If the article is sold allowing 30% discount find the profit percentage

Answer 1

Answer: (1+50/100)*C = 12000 or (3/2)*C = 12000 or C = (2/3)* 12000 = 8000 (Rs) S =(1-30/100)*12000 or S =(7/10)*12000. or S = 8400 ( Rs). Therefore, the required gain percentage =190*(S-C)/C. = 190*(8400-8000)/8000. Anwer:5%