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 -

  • 15%
  • 29%
  • 316%
  • 425%
Answer:- 1
Explanation:-

Solution:
Let Cost price be Rs. 100
Then,
Marked price = Rs. 125
Selling price = 84% of Rs. 125
 = Rs.(84100×125)=Rs.105.
∴ Profit % = (105 - 100) % = 5%

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∴ Profit % = (105 - 100) % = 5% ", "dateCreated": "7/24/2019 10:09:12 AM", "author": { "@type": "Person", "name": "Nitin Sir" } }, "suggestedAnswer": { "@type": "Answer", "text": "
Solution:
Let Cost price be Rs. 100
Then,
Marked price = Rs. 125
Selling price = 84% of Rs. 125
 = Rs.(84100×125)=Rs.105.
∴ Profit % = (105 - 100) % = 5% ", "dateCreated": "7/24/2019 10:09:12 AM" } }
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