1.

A profit of 25% is earned on goods when a discount of 20% is allowed on the marked price. What profit percentage will be earned when a discount of 10% is allowed on the marked price?1). $$45\frac{9}{11}$$2). $$42\frac{3}{4}$$3). $$40\frac{5}{8}$$4). $$37\frac{2}{3}$$

Answer»

Solution

Let the Marked PRICE = Rs. 100

=> Selling price = $\frac{80}{100} \times 100 = 80$

$\THEREFORE$ Cost price = $\frac{100}{125} \times 80 = 64$

When DISCOUNT of 10% is allowed

=> S.P. = $\frac{90}{100} \times 100 = 90$

$\therefore$ Required Profit % = $\frac{90 - 64}{64} \times 100$

= $\frac{325}{8} = 40\frac{5}{8} \%$



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