The marked price of a pen is 25% more than its cost price. The pen is sold for ₹220 after a discount of ₹30. What is the profit percentage?
The marked price of a pen is 25% more than its cost price.
Let's assume the cost price of a pen is '100y'.
the marked price of a pen = 100y of (100+25)%
= 100y of 125%
= $$100y\times\frac{125}{100}$$
= 125y
The pen is sold for ₹220 after a discount of ₹30.
125y-30 = 220
125y = 220+30
125y = 250
y = 2
cost price of a pen = 100y
= $$100\times2$$
= 200
Profit percentage = $$\frac{\left(selling\ price-\cos t\ price\right)}{\cos t\ price}\times100$$
= $$\frac{\left(220-200\right)}{200}\times100$$
= $$\frac{20}{200}\times100$$
= 10%Create a FREE account and get: