Question
A bought an article at 40% less of the marked price and
sold it at 35% more than the marked price. Find the profit earned by him.Solution
Let the marked price be Rs. 100 ∴ C.P. = 100 - 40 = 60 And, S.P. = 100 + 35 = 135 Profit= 135 - 60 = 75 Profit % = 75/60 × 100 = 125%
I purchase 100 kg of tea and sell it for a profit to the extent of what I would have paid for 40 kg. What is my profit percentage?
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