The marked price of an article is 40% more than its cost price. If 15% discount is given on the marked price, then what will be the profit percentage?

25%

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15%

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21%

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19%

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Solution

The correct option is D 19%
Let the CP be = x
Then 1.4x $(1 - \frac{15}{100}) = 1.19 x$
The profit % is 19 $\times$ 100 = 19%

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The marked price of an article is 40% more than its cost price. If 15% discount is given on the marked price, then what will be the profit percentage?

The correct option is D 19%Let the CP be = x Then 1.4x (1−15100)=1.19x The profit % is 19×100 = 19%

The correct option is D 19%
Let the CP be = x
Then 1.4x $(1 - \frac{15}{100}) = 1.19 x$
The profit % is 19 $\times$ 100 = 19%