Mathematics · Profit and Loss
A trader gains 72% by selling an article after two successive discounts of 50% and 51% on its marked price. If the cost price of the article is increased by 62%, then what single discount percentage (rounded off to one decimal place) should he now give on the same marked price to get the same profit percentage as earlier?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 160.1%
- 270.8%
- 360.3%✓
- 457.4%
Correct answer
60.3%
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