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A company gives 10% discount on MP and e...

A company gives 10% discount on MP and earns 20% profit later on due to increase in CP by 10% and MP is increased by 40%. If discount % is same as before. Find new profit%.

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To solve the problem step by step, we will first define the variables and then calculate the new profit percentage after the changes in cost price (CP) and mark price (MP). ### Step-by-Step Solution 1. **Define Initial Values:** - Let the initial Mark Price (MP) be 100. - The discount given is 10%, so the Selling Price (SP) can be calculated as: \[ SP = MP - \text{Discount} = 100 - (10\% \text{ of } 100) = 100 - 10 = 90 \] 2. **Calculate Initial Cost Price (CP):** - Given that there is a 20% profit, we can express this as: \[ SP = CP + 20\% \text{ of } CP \] This means: \[ 90 = CP + 0.2 \times CP = 1.2 \times CP \] Rearranging gives: \[ CP = \frac{90}{1.2} = 75 \] 3. **Adjust Cost Price (CP) for Increase:** - The CP is increased by 10%, so the new CP becomes: \[ \text{New CP} = CP + 10\% \text{ of } CP = 75 + 0.1 \times 75 = 75 + 7.5 = 82.5 \] 4. **Adjust Mark Price (MP) for Increase:** - The MP is increased by 40%, so the new MP becomes: \[ \text{New MP} = MP + 40\% \text{ of } MP = 100 + 0.4 \times 100 = 100 + 40 = 140 \] 5. **Calculate New Selling Price (SP) After Discount:** - The discount remains at 10%, so the new Selling Price is: \[ \text{New SP} = \text{New MP} - \text{Discount} = 140 - (10\% \text{ of } 140) = 140 - 14 = 126 \] 6. **Calculate New Profit:** - The profit can be calculated as: \[ \text{Profit} = \text{New SP} - \text{New CP} = 126 - 82.5 = 43.5 \] 7. **Calculate New Profit Percentage:** - The profit percentage is calculated as: \[ \text{Profit Percentage} = \left(\frac{\text{Profit}}{\text{New CP}}\right) \times 100 = \left(\frac{43.5}{82.5}\right) \times 100 \approx 52.73\% \] ### Final Answer The new profit percentage is approximately **53%**.
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