Practicing Success
A shopkeeper sold an article for ₹180 by making a profit of 20%. The shopkeeper offered a discount of ₹30 on the marked price. How much percent above the cost price the article is marked? |
30% 35% 40% 25% |
40% |
Selling price of the article = 18= Discount = 30 MP = 180 + 20 = 210 Now profit given = 20 % when it is being sold at 180 So the CP = \(\frac{180 × 100}{120}\) = 150 So it is marked at = 210 - 150 = 60 above the CP Marked% = 60 × \(\frac{100}{150}\) = 40% |