Practicing Success
0%The marked price of a table is 130% of its cost price. A discount of 20% is given on the sale of the table. What will be the profit percentage? |
6% 8% 5% 4% |
4% |
Let the cost price = 100 Then the marked price = 130% of 100 = 130 Discount = 20% Selling price = 80% of the marked price = 80% 0f 130 = 104 So the profit % = (104 - 100) × \(\frac{100}{100}\) = 4% |