Question 71

After giving 20% discount on an article a shopkeeper earns 30% profit. Marked price is what percent of cost price?

Solution

Let the marked price be m and cost price be c.

A/c to question , even after giving 20% discount on an article a shopkeeper earns 30% profit,

$$\frac{80}{100} m = \frac{130}{100}c$$

m =$$\frac{130}{80}c$$

Marked price is $$\frac{130}{80} \times 100$$ = 160.25% of Cost price.

So, the answer would be option a)162.5%.

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