A) \[10%\]
B) \[20%\]
C) \[16\frac{2}{3}%\]
D) \[16\frac{1}{3}%\]
Correct Answer: C
Solution :
[c] Let CP = Rs. X Then, SP = 70% of x = 0.7x \[\Rightarrow \] 60% of MP = 0.7x \[\Rightarrow \] \[\text{MP}=\frac{0.7x}{60}\times 100=\frac{7}{6}x\] If article is sold at the marked price, then SP\[=\frac{7}{6}x\] \[\therefore \] Required profit per cent \[=\frac{\frac{7}{6}x-x}{x}\times 100%=\frac{100}{6}%=16\frac{2}{3}%\] |
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