Question

A dealer marks his article 50% above the cost price and

Q: Answer-A dealer marks his article 50% above the cost price and gives a discount of 20% on it. If he later m...

ATQ, we can say that Let the CP be 100 Then MP will be 150 Therefore, SP will be 150 x 80100 120 Hence, the Profit will be then 120 - 100 20 Then the new MP will be 175 Therefore, the SP will be 175100 x 80 140 Hence profit will be 140 - 100 40 Hence, the required will be 2040 x 100 50

gives a discount of 20% on it. If he later marked his article 75% above the cost price and gave a discount of 20% on it then earlier profit is what % of the later profit?

A 54%

B 56%

C 50%

D 60%

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