A dealer marks his goods at 25% above the cost price and allows a discount of 10

Sail E0 Webinar

Question

A dealer marks his goods at 25% above the cost price and allows a discount of 10% for cash payment. His profit % is :

Options:

A . 15%

B . 20%

C . 12.5%

D . 17.5%

Answer: Option C
Answer: (c)Let Cost price of article = Rs.100Marked price = Rs.125S.P. = ${125 × 90}/100$ = Rs.112.5Gain = 112.5 - 100 = 12.5Gain percent = 12.5%Using Rule 8,Here, r = 25%, $r_1$ = 10%Profit % = ${r × (100 - r_1)}/100 - r_1$= ${25 × (100 - 10)}/100 - 10$= ${25 × 90}/100 - 10$= 22.5 - 10 = 12.5%

Was this answer helpful ?

Next Question

Submit Solution

More Questions on This Topic :

Question 1. A grinder was marked at Rs.3,600. After given a discount of 10% the dealer made a profit of 8%. Calculate the cost price....dealer made a profit of 8%. Calculate the cost price.

Question 2. Marked price of an article is Rs.275. Shopkeeper allows a discount of 5% and he gets a profit of 4.5%. The actual cost o....profit of 4.5%. The actual cost of the article is

Question 3. A dealer offers a discount of 10% on the marked price of an article and still makes a profit of 20%. If its marked price....Rs.800, then the cost price of the article is :

Question 4. A trader allows a trade discount of 20% and a cash discount of 6$1/4$% on the marked price of the goods and gets a net g....cost should the goods be marked for the sale ?

Question 5. After allowing a discount of 16%, there was still a gain of 5%. Then the percentage of marked price over the cost price ....the percentage of marked price over the cost price is

Question 6. A shopkeeper earns a profit of 10% after allowing a discount of 20% on the marked price. The cost price of the article w....price of the article whose marked price is Rs.880, is

Question 7. A tradesman marks his goods at such a price that after allowing a discount of 15%, he makes a profit of 20%. What is the....price of an article whose cost price is Rs.170 ?

Question 8. The marked price of an electric iron is Rs.300. The shopkeeper allows a discount of 12% and still gains 10%. If no disco....is allowed, his gain per cent would have been :

Question 9. The marked price of a radio is Rs.480. The shopkeeper allows a discount of 10% and gains 8%. If no discount is allowed, ....If no discount is allowed, his gain percent would be

Question 10. How much percent above the cost price should a shopkeeper mark his goods so as to earn a profit of 32% after allowing a ....allowing a discount of 12% on the marked price ?

Chapter 1 - GLOBAL STEEL SCENARIO & INDIAN STEEL INDUSTRY Part 1 : (13-04-2024) INDUSTRY AND COMPANY AWARENESS (ICA)

Direction Sense Test Part 1 Reasoning (Hindi)

Chapter 1 - RMHP / OHP / OB & BP Part 1 : (14-02-2024) GPOE

Cube & Cuboid Part 1 Reasoning (Hindi)

Data Interpretation (DI) Basic Concept Reasoning (Hindi)

Counting Figures Part 1 Counting Of Straight Lines Reasoning (Hindi)

Sail E0 free webinar Webinars

Real Numbers Part 7 Class 10 Maths

Real Numbers Part 1 Class 10 Maths

Polynomials Part 1 Class 10 Maths

Chapter 3.1 : Overview of Finance & Accounts Department Chapter 3 : Finance & Accounts SAIL E0 - GFM 2024

Chapter 2.1 : Overview Chapter 2 : Materials Management SAIL E0 - GFM 2024

Chapter 1.1 : Personnel Functions- An overview Chapter 1 : Personnel Management SAIL E0 - GFM 2024

GPOE / GPA Combined 1 Free CBT Mock Test SAIL E0 2024

CBT Mixed Test 1 GPOE/GPA SAIL E0 2024