Anand marks up the price of an article by 50% and then allows a discount of 20% and sells it to Balaji. Balaji sells it for 7 20 more than what he purchased for, this S.P is 30% more than the original C.P of the article. Then Balaji’s profit % is ?->(Show Answer!)

1. Anand marks up the price of an article by 50% and then allows a discount of 20% and sells it to Balaji. Balaji sells it for 7 20 more than what he purchased for, this S.P is 30% more than the original C.P of the article. Then Balaji’s profit % is

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By: anil on 05 May 2019 01.54 am

For Anand, Let C.P. = $$100x$$ Article is marked up by 50% => $$frac{50}{100} * 100x = 50x$$ Marked price = $$100x + 50x = 150x$$ Discount = $$frac{20}{100} * 150x = 30x$$ => S.P. = $$150x - 30x = 120x$$ For Balaji, C.P. = $$120x$$ [Since, he purchased from Anand] Profit = 720 => S.P. = $$120x$$ + 720 Now, acc to the question, this S.P. is 30 % more than original C.P. => 30% of original CP = $$frac{30}{100} * 100x = 30x$$ => $$120x + 720 = 100x + 30x$$ => $$x$$ = 72 Profit % of Balaji = $$frac{720}{120*72} * 100$$ = $$frac{100}{12}$$ = 8.33%

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