Question
A marked an article 58% above the cost price and sold it
for Rs. 268.6 after giving a discount of 15%. Find the percentage profit earned by him if he sells the article for Rs. 250.Solution
Marked price of the article = 268.6/0.85 = Rs. 316 Cost price of the article = 316/1.58 = Rs. 200 Desired Profit percentage = [(250 – 200)/200] × 100 = 25%
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