The marked price of an article is 50 % more t | vedclass

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Question

(A) Let the cost price $(C.P)$ of the article be $Rs. 100$.Since the marked price $(M.P)$ is $50 \%$ more than the cost price,$M.P = 100 + 50 = Rs. 15

Vedclass · Accepted Answer

$20$

Vedclass · Answer

(A) Let the cost price $(C.P)$ of the article be $Rs. 100$.Since the marked price $(M.P)$ is $50 \%$ more than the cost price,$M.P = 100 + 50 = Rs. 150$.$A$ discount of $20 \%$ is given on the marked price.Discount $= 20 \% 	ext{ of } 150 = \frac{20}{100} 	imes 150 = Rs. 30$.Selling price $(S.P)$ $= M.P - 	ext{Discount} = 150 - 30 = Rs. 120$.Profit $= S.P - C.P = 120 - 100 = Rs. 20$.Profit percentage $= \frac{	ext{Profit}}{C.P} 	imes 100 = \frac{20}{100} 	imes 100 = 20 \%$.

The marked price of an article is $50 \%$ more than its cost price. If $20 \%$ discount is given,then what will be the profit percentage (in $\%$)?

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