Practicing Success
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Shuarya marked an article at 40% above its cost price. He sells it after allowing a discount of 15%. The profit percentage of the article is: |
20% 17% 19% 15% |
19% |
Let the cost price of the article = 100 Markup = 40% Then the marked price = 140 Discount = 15% Selling price = 85% of 140 = 119 Profit% = (119 - 100) × \(\frac{100}{100}\) = 19% |
