Discussion Forum : True Discount
Question -
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
Answer: Option D
Answer: (d)Let the C.P. be Rs.100Marked price = Rs.130S.P. = 85% of Rs.130= Rs.$({85 × 130}/100)$ = Rs.110.5Gain percent = 10.5%Using Rule 8,Here, r = 30%, $r_1$ = 15%Profit % = ${r × (100 - r_1)}/100 - r_1$= ${30 × (100 - 15)}/100 - 15$= ${30 × 85}/100$ - 15= 25.5 - 15 = 10.5%
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Answer: (d)Let the C.P. be Rs.100Marked price = Rs.130S.P. = 85% of Rs.130= Rs.$({85 × 130}/100)$ = Rs.110.5Gain percent = 10.5%Using Rule 8,Here, r = 30%, $r_1$ = 15%Profit % = ${r × (100 - r_1)}/100 - r_1$= ${30 × (100 - 15)}/100 - 15$= ${30 × 85}/100$ - 15= 25.5 - 15 = 10.5%
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