Marked price of an article is 40% more than its cost price. If 50% discountis given on the article, then selling price is what percent ofthe cost price?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. 70%.
| Understanding/Application |
|
Let cost price of the article = Rs.100x Marked price = Rs.140x Selling price after 50% discount = Rs. 70x |
| Required percentage = 70x × 100/100x = 70% |