Advertisements
Advertisements
Question
A trader allows a discount of 15% on the marked price of the goods in his shop. However, he still makes a gross profit of 36% on the cost price. Find the profit percent, he would have made, had he sold the goods at the market price.
Solution
Let the cost price of the goods = Rs.100
Profit
= 36% of Rs.100
= Rs.36
∴ S.P.
= C.P. + Profit
= Rs. (100 + 36)
= Rs.136
Discount = 15%
`"S.P."/"M.P." = 1 - "D"/(100)`
⇒ `(136)/"M.P." = 1 - (15)/(100)`
⇒ `(136)/"M.P." = (85)/(100)`
⇒ M.P. = `(100 xx 136)/(85)`
= Rs.160
Profit
= M.P. - C.P.
= Rs.(160 - 100)
= Rs.60
Profit % = 60%
He would have made a profit of 60% by selling at the market price.
APPEARS IN
RELATED QUESTIONS
Find discount in percent when M.P. = Rs 500 and S.P. = Rs 425.
By selling 8 pens, Shyam loses equal to the cost price of 2 pens. Find his loss percent.
Find the single discount (as a percent) equivalent to successive discounts of:
80% and 80%
Find the single discount (as a percent) equivalent to successive discounts of:
60% and 80%
A shopkeeper buys on article whose list price is Rs. 450 at some rate of discount from a wholesaler. He sells the article to a consumer at the list price and charges sales tax at the rate of 6%. If the shopkeeper has to pay a VAT of Rs. 2.70, find the rate of discount at which he bought the article from the wholesaler.
A shopkeeper expects a profit of 25% on his cost price. In a week, his sale was of Rs. 5000 what was his profit?
Find the S.P. in the following:
M.P. =Rs. 5500, Discount = 30%
A bookseller gives 8% discount on the printed price. What does a customer pay for a book priced at Rs. 150?
A dealer is selling an article marked Rs. 8000 at a discount of 15%. Find the selling price of the article and the cost price if the marked price is 25% above the cost price.
Find if the following discount series is better for the customer:
25%, 20% and 15%
The list price of a watch is Rs.4000. It is available either at 25% flat discount or at successive discounts of 15% and 12%. Calculate the better offer and the amount paid in the second offer.
Gurmeet sells an article priced at Rs. 25,000. He gives a discount of 8% on the first Rs. 20,000 and 5% on the remaining amount. Manjeet also sells another article of the same kind priced at Rs. 25,000. He gives a discount of 6% on the total price. Calculate the actual price charged by Gurmeet and Manjeet for the articles.
A firm dealing in computers, allows 5% discount on the marked price of each system. What price must be marked on a computer set which costs Rs. 20,000 to assemble, so as to make a profit of 25%?
Find the S.P. in the following :
M.P. = Rs.5500, Discount = 30%
Find the M.P. in the following :
S.P. = Rs.5343, Discount = 22%
Find the discount percentage in the folllowing :
M.P. = Rs.6840, S.P. = Rs.5814
A tradesman sells his goods at 10% discount. What price should he mark on an article that costs him Rs.2400, to gain 12.5%?
A shopkeeper allows 20% discount on his article. What price must be mark on an article, which costs him Rs.1750, to make a profit 20%?
A trader fixes the selling price of his goods at 50% above the cost price. He sells half of his stock at this price, a quarter of his stock at a discount of 20% on the original selling price, and the rest at a discount of 36% on the original selling price. Find the gain percent altogether.
Ayesha announced a festival discount of 25% on all the items in her mobile phone shop. Ramandeep bought a mobile phone for himself. He got a discount of Rs 1,960. What was the marked price of the mobile phone?
