3. A person wants to get 20% profit after selling his object at 20%
discount. Find the required percentage increase in marked price.
farA 240 75 cm
discount. Find the required percentage increase in marked price.
farA 240 75 cm
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Answer: "the actual percentage profit is 25%"
Step-by-step explanation:
let selling price = Rs.100
==> profit percentage = 20% x 100 ==> Rs.20
selling price = cost price + profit
==> cost price = Rs. (100 - 20) = Rs. 80
profite percentage on cost price = profite/cost price x 100
==> profite% = 20/80 x 100 = 25%
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