Hytech electronics is in recession. Find the marked price is what percentage of cost price, if there may be a profit of 10% after allowing a commission of 5% to middle man? Answer : Let the CP= Rs.100 Then, SP=Rs.110 MP=Rs. x Then, 95% of x= Rs 110 x= 110*100/95 = 115.7%...
A dealer allows a discount of 40 % on the marked price to the retailer. The retailer sells at 10% below the marked price. If the customer pays Rs.38 for an article, what profit is made by the retailer on it? Answer : Let dealer marked price = 100%, Retailer's C.P = 60% And the retailer sells at 10% less than the marked price =>S.P = 90% If S.P of 90% of the retailer costs Rs.38 to customer, So its C.P of 60% will cost 60*38/90 = 25 Profit made by the retailer = 38-25 = Rs.13...
What is the highest % discount(approximately) that a trader can offer on his marked price, so that he ends up selling at no profit or loss, if he initially marked his goods up by 60%? Answer : Let CP= Rs 100 MP= Rs100+60=160 Discount= x% then, 160*[100-x/100] =100 100-x=100*100/160 x=37.5%...
Sekar gives the discount of 42% for nokia phone, after he marked the price 29% more than its cost price. find his loss or profit %? Answer : Cp= 100 MP=129/100*100=129 Sp=129*42/100 =129-54.18 =74.82 Loss% = (100-74.82) = 25.18%...
If 20% discount is allowed on the marked price then the profit is 40%. If the discount is increased to 40% then what will be the profit percentage? Answer : cp=100% profit=40% selling price= 140% marked price = 140% mp=140*100/80= 175 40%discount in mp= 175 *60/100 New sp=105 new profit%= new sp-cp/cp *100 =105-100/100*100 =5 ...
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