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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 = 100Ā  Then MP will be = 150Ā  Therefore, SP will be = 150 x (80/100) = 120Ā  Hence, the Profit will be then = 120 - 100 = 20Ā  Then the new MP will be = 175Ā  Therefore, the SP will be = (175/100) x 80 = 140Ā  Hence profit will be = 140 - 100 = 40Ā  Hence, the required% will beĀ  = (20/40) x 100 = 50%Ā 

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