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A dealer sold a motor cycle at 10% discount and he gains 26% . If he gives 26% discount find profit or loss percentage.1. 4.22. 3.6%3. 4.5%4. 8.1%5. 5% |
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Answer» Correct Answer - Option 2 : 3.6% Given: Profit = 26% Discount = 10% Case 2 discount: 26% Formula used: Selling price = Marked price (100 - discount 1)/100 Calculation: Let CP be 100 SP = 126 ⇒126 = MP × 90/100 MP = 140 According to question If discount is 26% SP in case 2 ⇒ SP = 140(100 - 26)/100 ⇒ SP 140 × 74/100 ⇒ SP = 103.6 ⇒ Now profit = 3.6 CP = 100 ⇒ Profit % = (3.6/100) × 100 ∴ Profit % is 3.6. |
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