Question 61

The marked price of an article is 50% more than its cost price. If a discount of 10% is given, then what is the profit percentage?

Solution

Let cost price of the article = Rs. $$100$$

=> Marked price = $$100+(\frac{50}{100}\times100)$$

= $$100+50=Rs.$$ $$150$$

Discount % = 10%

=> Selling price = $$150-(\frac{10}{100}\times150)$$

= $$150-15=Rs.$$ $$135$$

$$\therefore$$ Profit % = $$\frac{(135-100)}{100}\times100=35\%$$

=> Ans - (C)

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