Knowee
Questions
Features
Study Tools

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

🧐 Not the exact question you are looking for?Go ask a 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  

This problem has been solved

Similar Questions

19) The cost price of 20 articles is the same as the selling price of x articles. If the profit is 25%, then the value of x is:

An article costs Rs.600.What should be the marked price of an article so that after 10% discount,the trader makes 20% profit?Rs.800Rs.950Rs.1100Rs.1040

If profit as a percentage of the selling price is 18%, then what is the profit as a percentage of the cost price?21%21.95%22%22.5%

Select the correct answerThe ratio of cost price and selling price of an article is 20 : 21. The gain percent on it is?Options65410

A man sells an article at a profit of 20%  If he had bought it for 20% less but sells at the same price, find the gain % Options :50%20%30%none

1/3

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.