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      Question

      A dealer marks his article 50% above the cost price and

      gives a discount of 20% on it. If he later marked his article 75% above the cost price and gave a discount of 20% on it then earlier profit is what % of the later profit?
      A 54% Correct Answer Incorrect Answer
      B 56% Correct Answer Incorrect Answer
      C 50% Correct Answer Incorrect Answer
      D 60% Correct Answer Incorrect Answer

      Solution

      ATQ, we can say that Let the CP be = 100  Then MP will be = 150  Therefore, SP will be = 150 x (80/100) = 120  Hence, the Profit will be then = 120 - 100 = 20  Then the new MP will be = 175  Therefore, the SP will be = (175/100) x 80 = 140  Hence profit will be = 140 - 100 = 40  Hence, the required% will be  = (20/40) x 100 = 50% 

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