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If the markup percentage of an article i...

If the markup percentage of an article is 50% and discount percentage is also 20%, then the profit percentage will be :

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To solve the problem step by step, we will follow these calculations: ### Step 1: Understand the Given Information - Markup percentage = 50% - Discount percentage = 20% - Let's assume the Cost Price (CP) of the article = ₹100 **Hint:** Start by defining the cost price to make calculations easier. ### Step 2: Calculate the Marked Price (MP) The Marked Price (MP) can be calculated using the formula: \[ \text{MP} = \text{CP} + \left(\text{Markup Percentage} \times \text{CP}\right) \] Substituting the values: \[ \text{MP} = 100 + (50\% \times 100) = 100 + 50 = ₹150 \] **Hint:** The marked price is the cost price plus the markup amount. ### Step 3: Calculate the Selling Price (SP) To find the Selling Price (SP), we need to apply the discount on the Marked Price: \[ \text{SP} = \text{MP} - \left(\text{Discount Percentage} \times \text{MP}\right) \] Calculating the discount: \[ \text{Discount} = 20\% \times 150 = 0.20 \times 150 = ₹30 \] Now, calculate the Selling Price: \[ \text{SP} = 150 - 30 = ₹120 \] **Hint:** The selling price is the marked price minus the discount amount. ### Step 4: Calculate the Profit Profit can be calculated using the formula: \[ \text{Profit} = \text{SP} - \text{CP} \] Substituting the values: \[ \text{Profit} = 120 - 100 = ₹20 \] **Hint:** Profit is the difference between the selling price and the cost price. ### Step 5: Calculate the Profit Percentage Profit percentage can be calculated using the formula: \[ \text{Profit Percentage} = \left(\frac{\text{Profit}}{\text{CP}}\right) \times 100 \] Substituting the values: \[ \text{Profit Percentage} = \left(\frac{20}{100}\right) \times 100 = 20\% \] **Hint:** Profit percentage is calculated based on the cost price. ### Final Answer The profit percentage is **20%**. ---
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ARIHANT SSC-PROFIT, LOSS AND DISCOUNT-EXERCISE (LEVEL 2)
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  4. When a bicycle manufacture reduced its selling price by 50%, the numbe...

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  7. The ratio of selling price of 3 articles A, B, C is 8 : 9 : 5 and rati...

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  8. Anna sold his car to Boney at a profit of 20% and Boney sold it to Cha...

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  9. In an office the-number of employes reduces in the ratio of 3:2 and th...

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  10. I asked the shopkeeper the price of a wrist watch. I found that I had ...

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  13. A trader sells two brands of petrol, one is Extra Premium (EP) and oth...

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  14. A,B and C invest in the ratio of 3: 4: 5. The percentage of return on ...

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  15. Ajay bought a motor cycle for ₹ 50,000.2 years later he soldit to bijo...

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  16. Kamal bought a house in Sushant city, whose sale price was ₹ 8 lakh. H...

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  17. I wanted to purchase 10 chairs for the class room whose cost was ₹ 200...

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  18. The cost of servicing of a maruti car at Maruti care Pvt. Ltd. is ₹ 40...

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  19. The cost price of an article is C and the selling price of the same ar...

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  20. C.P. of 12 oranges is equal to S.P. of 9 oranges and discount of 10 or...

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  21. A car mechanic purchased four old cars for ₹ 1 lakh. He spent total 2....

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