Discussion Forum : True Discount
Question -
How much percent above the cost price should a shopkeeper mark his goods so as to earn a profit of 32% after allowing a discount of 12% on the marked price ?
Answer: Option D
Answer: (d)Let the C.P. be Rs.100and the marked price be Rs.x.$x × 88/100$ = 132$x = {132 × 100}/88$= 150 i.e., more by 50%Required percentage = 50% Using Rule 8,A tradesman marks his goods r% above his cost price. If he allows his customers a discount of $r_1$% on the marked price. Then is profit or loss per cent is${r × (100 - r_1)}/100 - r_1$(Positive sign signifies profit and negative sign signifies loss).
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Answer: (d)Let the C.P. be Rs.100and the marked price be Rs.x.$x × 88/100$ = 132$x = {132 × 100}/88$= 150 i.e., more by 50%Required percentage = 50% Using Rule 8,A tradesman marks his goods r% above his cost price. If he allows his customers a discount of $r_1$% on the marked price. Then is profit or loss per cent is${r × (100 - r_1)}/100 - r_1$(Positive sign signifies profit and negative sign signifies loss).
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