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IKMC 2027 - Grades 7-8 - Self-study SET 11 - Thematic Batch 3 Question 27

IKMC · IKMC 2027 - Grades 7-8 - Self-study SET 11 - Thematic Batch 3

Question 27

A shop reduces every original selling price by 50%. At the reduced prices, its profit is 1%. What percentage profit would it make at the original prices without the discount?

Profit percentages are calculated relative to cost.

Question illustration
  1. 1%
  2. 2%
  3. 100%
  4. 102%
  5. Another answer