The marked price of an article is 45% more than its cost price. If a discount of 20% is given, then what is the profit percentage?
Question
Solution 1
Step 1: Let's assume the cost price of the article is $100.
Step 2: Given that the marked price is 45% more than the cost price, the marked price would be $145 (100 + 45% of 100).
Step 3: A discount of 20% is given on the marked price. So, the selling price would be $116 (145 - 20% of 145).
Step Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI
Similar Questions
An article is marked up by Rs. X and the cost price of the article is Rs. 28000. If discount of Rs. is given and he gets a profit of 12.5%, then find X/2.
Marked price is 1.45 times of cost price. Selling price is Rs1500. The profit is 25%. Find the discount percentage.(a) 14%(b) 15%(c) 16%
A shopkeeper gives 25% discount on an article and makes a profit of 10%. If the cost price of the article is Rs 300 then, what is the marked price?
A shopkeeper fixes the marked price of an item 50% above its cost price. The percentage of discount allowed to gain 20% isQuestion Description : 20%30%25%35%
A shopkeeper give 20% discount on a article and sold it with a profit of 25%. Find cost price in Rs. if selling price is 640rs?Options512602286426
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.