Multiple choice

A person bought an article on 40% discount and sold it at 50% more that the marked price find his profit %. एक व्यक्ति 40% छूट पर एक वस्तु खरीदता है और उसे अंकित मूल्य से 50% अधिक पर बेचता है तो उसका लाभ % ज्ञात कीजिए।

  1. 160%

  2. 150%

  3. 90%

  4. 50%

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Let marked price = M. Buying price after 40% discount = 0.6M. Selling price at 50% above marked price = 1.5M. Profit = 1.5M - 0.6M = 0.9M. Profit% = (0.9M/0.6M) × 100 = 150%. Option C (90%) would result from calculating profit on marked price instead of cost price.