The marked price of a pen is 25% more than its cost price. The pen is sold for ₹220 after a discounr of ₹30. What is the profit percentage? |
10% 15% 20% 17.5% |
10% |
Let the cost price of the article = 100 Then according to the question the marked price = 125 ( 25% more than CP) Discount = 30 Selling price = 220 Marked price = Selling price + Discount = 220 + 30 = 250 So, 125x = 250 100x = CP = 200 Profit% = ( 220 - 200 ) × \(\frac{100}{200}\) = 10%
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