Topics

A seller marks his goods 30% above their cost price but allows 15% discount for cash payment. His percentage of profit When sold in cash, is


A) 10.50%

B) 15%

C) 9%

D) 8.50%

Correct Answer:
A) 10.50%

Description for Correct answer:

Let CP of the goods = Rs.x.

Marked price of the goods

= \( \Large \frac{x \times \left(100+30\right) }{100} \)

= Rs. \( \Large \frac{13x}{10} \)

Now, SP of 'the goods = \( \Large \frac{13x}{10} \times \left(\frac{100-15}{100}\right) \)

= \( \Large \frac{13x}{10} \times \frac{85}{100}=Rs.\frac{21}{200}x \)

= Profit = \( \Large \left( \frac{221}{200}x- x \right) = Rs.\frac{21}{200}x \)

Hence, profit per cent = \( \Large \frac{\frac{221}{200}x}{x} \times 100\% \)

\( \Large \frac{2100}{200} \) = 10.5%


Part of solved Discount questions and answers : >> Aptitude >> Discount




Comments
Best idea to get instant answer is put the cost of product to be Rs. 100/-, Market price = 130% of 100 = 130, Selling price = 130 -15% of 130 = 110.5, So net Profit = 110.5 - 100 = 10.5 Rs on Rs 100, So net percentage gain = 10.5%.
- Md. Ruhul,Amin





Similar Questions
1). Successive discounts of 10%, 20% and 30% is equivalent to single discount of
A). 60%
B). 49.60%
C). 40.50%
D). 36%
-- View Answer
2). By selling an article at \( \Large \frac{3}{4} \)th of the marked price, there is a gain of 25%. The ratio of the marked price and the cost price is
A). 5:3
B). 3:5
C). 3:4
D). 4:3
-- View Answer
3). A retailer offers the following discount schemes for buyers on an article.
I. Two successive discounts of 10%.
II. A discount of 12% followed by a discount of 8%.
III. Successive discounts of 15% and 5%.
IV. A discount of 20%.
The selling price will be minimum under the scheme
A). I
B). II
C). III
D). IV
-- View Answer
4). While selling, a businessman allows 40% discount on the marked price and there is a loss of 30%. If it is sold at the marked price, profit per cent will be
A). 10%
B). 20%
C). \( 16\frac{2}{3} \)%
D). \( 16\frac{1}{3} \)%
-- View Answer
5). A man bought an article listed at Rs.1500 with a discount of 20% offered on the list price. What additional discount must be offered to the man to bring the net price to Rs.1104?
A). 8%
B). 10%
C). 12%
D). 15%
-- View Answer


6). The cost price of an article is Rs.800. After allowing a discount of 10%, a gain of 12.5% was made. Then, the marked price of the article is
A). Rs.1000
B). Rs.1100
C). Rs.1200
D). Rs.1300
-- View Answer
7). The marked price of a radio is Rs.480. The shopkeeper allows a discount of 10% and gains 8%. If no discount is allowed, his gain per cent would be
A). 18%
B). 18.50%
C). 20.50%
D). 20%
-- View Answer
8). The marked price of a clock is Rs.3200. It is to be sold at Rs.2448 at two successive discounts. If the first discount is 10%, then the second discount is
A). 5%
B). 10%
C). 15%
D). 20%
-- View Answer
9). The marked price of a TV is Rs.16000. After two successive discounts, it is sold for Rs.11400. If the first discount is 5%, then the rate of second discount is
A). 15%
B). 20%
C). 30%
D). 25%
-- View Answer
10). A dealer marks his goods 30% above his cost price and then allows 15% discount on it. What is the cost price of an article on which he gains Rs.84?
A). Rs.800
B). Rs.560
C). Rs.373.33
D). Rs.280
-- View Answer
Home About Us Terms and Conditions Privacy Policy Contact us