Question

what will be profit percentage affect price of an article is 60% more than the cost price and discount of 30% is given on it​

Answer 1

Step-by-step explanation:

Let:

• CP be Rs.100

MP=60% of CP + CP=Rs. 160

$\tt \: SP = MP( \frac{100 - discount\%}{100} ) \\ \tt160 \times \frac{70}{100} = 112$

Gain=SP-CP

Gain%=

$\longrightarrow \tt \: \frac{Gain}{CP} \times 100\% \\ \tt \frac{12}{ \cancel{100}} \times \cancel{100} \\ \blue{ \tt12\%}$