A store announces a discount scheme "Buy 1 shampoo bottle and get 60\% discount on another shampoo of the same

Question

A store announces a discount scheme "Buy 1 shampoo bottle and get 60\% discount on another shampoo of the same quality, size and same price." If the cost price of each shampoo bottle is 60\% less than the marked price then what is the profit percentage of the store?

Accepted Answer

Let the Marked Price ( MP ) of each shampoo bottle be ₹ 100 .According to the scheme, if a customer buys 2 bottles:Selling Price of the 1^st bottle = ₹ 100 Selling Price of the 2^nd bottle = 100 - 60\% of 100 = ₹40 Total Selling Price (SP) of 2 bottles = 100 + 40 = ₹140 Given that the cost price ( CP ) of each bottle is 60\% less than the marked price: CP of 1 bottle = 100 - 60\% of 100 = ₹40 Total Cost Price (CP) of 2 bottles = 40 + 40 = ₹80 Now, calculate the profit percentage: Total Profit =

A store announces a discount scheme "Buy $1$ shampoo bottle and get $60%$ discount on another shampoo of the same quality, size and same price." If the cost price of each shampoo bottle is $60%$ less than the marked price then what is the profit percentage of the store?

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A store announces a discount scheme "Buy 1 shampoo bottle and get 60% discount on another shampoo of the same quality, size and same price." If the cost price of each shampoo bottle is 60% less than the marked price then what is the profit percentage of the store?