Question
The marked price of a clothing item is 160 percent of its
cost price. If a 10% discount is given at the time of sale, calculate the profit percentage.Solution
ATQ,
Let the cost price of the clothing item be Rs. '100x'
Marked price of the item = '100x' X 1.6 = Rs. '160x'
Selling price of the item = '160x' X 0.9 = Rs. '144x'
Profit earned on selling the item = '144x' - '100x' = Rs. '44x'
Required profit percentage = {(44x/100x) X 100} = 44%
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