Question

A shopkeeper has a mark-up % of 75% and discount % of 35%. Also he sells only. 95 cm for a metre. The actual profit % of the shopkeeper is nearest to ______.

विकल्प

• 20%

• 30%

• 40%

• None of these

Answer 1

A shopkeeper has a mark-up % of 75% and discount % of 35%. Also he sells only. 95 cm for a metre. The actual profit % of the shopkeeper is nearest to 20%.

Explanation:

Let CP per metre = ₹ 100

MP per metre = 175 and SP per metre

= 175 - 35% = 113.75

His actual cost is for 95 cm = ₹ 113.75

Profit % = `(113.75 - 95)/95 xx 100`

= 19.7% or 20% (approximately)