By selling an article at 2/3 of the marked price, there is a
loss of 10%. The profit percent, when the article is sold at
the marked price, is
(a) 20%
(b) 30%
(c) 35%
(d) 40%
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Answer Posted / fela pachuau
let x be original mark price
Sp = 92/3)x = 2x/3
loss is 10%
Acc to formula, CP = (100/90) x 2x/3
= 20x/27
if article is sold by mark price gIain is
x- 20x/27 =7x/27
gain% = 7x/27 x 20x/27 x 100 = 35%
| Is This Answer Correct ? | 9 Yes | 3 No |
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