Question 62

Marked price of an article is 40% more than its cost price. If 50% discount is given on the article, then selling price is what percent of the cost price?

Solution

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

=> Marked price = Rs. $$140x$$

=> Selling price after 50% discount = Rs. $$70x$$

Thus, required % = $$\frac{70x}{100x}\times100=70\%$$

=> Ans - (B)


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