30% of marked price is equal to 50% of cost price. If no discount if given, then what will be the profit percentage? |
66.67% 33.33% 52.5% 50% |
66.67% |
Given, 30% marked price = 50% cost price Marked Price = $\frac{5}{3}$ Cost price If no discount is given, marked price = selling price Profit = Selling price - Cost price = $\frac{5}{3}$ Cost price - Cost price = $\frac{2}{3}$ Cost price Profit % = $\frac{2}{3}$ x 100 = 66.67% |