Profit and Loss Practice Test 7

Question : 35 of 40

Marks: +1, -0

Find the profit per cent of Suhani, if the mark-up percentage of goods is 50% with the declared discount of 20% on goods to attract the customers.

Solution:

Let the CP of goods = Rs 100
Then marked price = Rs

100+50/ 100 ×100

= Rs 150
SP of goods =

150 -20/100× 150

= 150 - 30 = Rs 120
Profit per cent

= {120- 100} /100 ×100 = 20%

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