InterviewSolution
Saved Bookmarks
| 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 % = $\frac{90 - 64}{64} \times 100$ = $\frac{325}{8} = 40\frac{5}{8} \%$ |
|