Question
Solution
Let, the Cost price of the article be 100 Then marked price of the article is (100 + 40) = 140 Selling price is 73 (1/2)% of the marked price ⇒ 147/2 % of the marked price Selling price is {140 × (147/2)}/100 ⇒ (140 × 147)/200 ⇒ 102.9 Profit = (102.9 - 100) ⇒ 2.9 Profit percentage is (2.9 × 100)/100 ⇒ 2.9% ∴ The profifit percentage is 2.9%.
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