1.

A trader marked the price of his commodity so as to include a profit of 25%. He allowed discount of 16% on the marked price. His actual profit was

Answer»

5 %



Let the COST PRICE of his commodity = Rs.100

Then the marked price = Rs.125

And the selling price = Rs.125 – 16% of 125 = Rs.125 -20 =Rs.105.

Thus, his actual PROFIT =Rs.5 and gain percent =5%



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