470 4. The marked price of a book is 240, which is 50% above the cost price. It is sold at a discount of 20% on the marked price. Find the profit per cent. (a) 20% (c) 15% (b) 12% (d) 8%​

Answers 1

Answer:

(d) 8%

Step-by-step explanation:

Here, MP = 240 and discount is 10%

So, SP = 90% of 240

⇒ SP = 90/100 × 240

⇒ SP = 216

Now, Profit is 8%

So, SP/CP = 108/100

⇒ CP = 216 × 100/108

⇒ CP = 200

∴ The cost price of the article is Rs. 200

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