The marked price of an item is 25% more than its selling price. The selling price of the same item is 20% more than its cost price. The marked price of that item is what percentage more than its cost price? |
45% 35% 50% 40% |
50% |
Let the cost price of the article = 100 according to the question, Profit = 20% Selling price of the article = 120 and it is given that the marked price of the article is 25% more than the selling price so, 100% of SP = 120 125% of the SP = 150 = Marked perice Markup % = ( 150 - 100) × \(\frac{100}{100}\) = 50% |