The marked price of an article is 40 % more t | vedclass

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Question

(C) Let the cost price $(C.P.)$ of the article be $Rs. 100$.Since the marked price $(M.P.)$ is $40 \%$ more than the cost price,$M.P. = 100 + 40 = Rs.

Vedclass · Accepted Answer

$26$

Vedclass · Answer

(C) Let the cost price $(C.P.)$ of the article be $Rs. 100$.Since the marked price $(M.P.)$ is $40 \%$ more than the cost price,$M.P. = 100 + 40 = Rs. 140$.$A$ discount of $10 \%$ is given on the marked price.Discount $= 10 \% 	ext{ of } 140 = \frac{10}{100} 	imes 140 = Rs. 14$.Selling price $(S.P.)$ $= M.P. - 	ext{Discount} = 140 - 14 = Rs. 126$.Profit $= S.P. - C.P. = 126 - 100 = Rs. 26$.Profit percentage $= \frac{	ext{Profit}}{C.P.} 	imes 100 = \frac{26}{100} 	imes 100 = 26 \%$.

The marked price of an article is $40 \%$ more than its cost price. If $10 \%$ discount is given,what is the profit percent (in $\%$)?

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