Question
Ankita sold a cycle for Rs.
17,600 after offering a 12% discount, earning a profit of 10%. Determine the profit percentage if no discount had been applied.Solution
ATQ,
Find the cost price (CP): 1.1×CP = 17,600 CP = 16,000 Find the marked price (MP): 0.88×MP = 17,600 MP = 20,000 Profit if no discount: Profit = 20,000 − 16,000 = 4,000 Profit percentage: (4,000/16,000) × 100 = 25%
If no discount was given, the profit percentage would be 25%.
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