When a discount of is given on a wedding gown, the profit is . If the discount is , then the profit is ______.
- A46.08 percent
- B49 percent
- C51.92 percent
- D43.16 percent
Solution & Step-by-step Explanation
Let the Cost Price (CP) be 100.Since profit is , the Selling Price (SP) in the first case is:
This selling price is obtained after offering a discount on the Marked Price (MP):
Now, in the second scenario, a discount of is given on the Marked Price:
Since and , the new profit percentage is:
This selling price is obtained after offering a discount on the Marked Price (MP):
Now, in the second scenario, a discount of is given on the Marked Price:
Since and , the new profit percentage is: