1) Dev Wants a Toy That Costs Rs 60. The Retail Price for the Toy Is Rs 40, and the Profit Is Rs 30.
The cost price of the toy is Rs. 60
and profit = Rs. 30
We know that markup =
Markup = 30/60
Markup = 1/2
Now,
So, markup = 12 =
The correct option is option iii)
So, margin = 3/4
The correct option is option iv)