Anil bought an article at Rs. 200 and sold it at a profit of 10%. What would have been the increase in the profit percent if it was sold for Rs. 230 ?</sp

CP = 200 $SP=200\times 1.1=220$

More Profit% = $\left ( \frac{30}{200} \right )\times 100=15\; ^{0}\! /_{0}$

% was the price mark up = 15% - 10% = 5%

View full answer

Get Answers to all your Questions

Welcome Back :)

Welcome Back :)