Question
In order to maintain the price line a trader allows a discount of 10% on the marked price of an article. However, he still makes a profit of 17% on the cost price. Had he sold the article at the marked price, he would have earned a profit percent of = ?
Answer: Option A
CP
SP
MP
100×10
117×10
90×13
100×13
1000
1170
1300
$$\eqalign{
& \therefore {\text{L}}{\text{.C}}{\text{.M of 117 and 90}} \cr
& {\text{Profit}} = {\text{1300}} - {\text{1000}} \cr
& \,\,\,\,\,\,\,\,\,\,\,\,\,\,\,{\text{ = Rs}}{\text{. 300}} \cr
& {\text{Profit}} = \frac{{300}}{{1000}} \times {\text{100 }} \cr
& \,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\, = {\text{30% }} \cr} $$
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CP
SP
MP
100×10
117×10
90×13
100×13
1000
1170
1300
$$\eqalign{
& \therefore {\text{L}}{\text{.C}}{\text{.M of 117 and 90}} \cr
& {\text{Profit}} = {\text{1300}} - {\text{1000}} \cr
& \,\,\,\,\,\,\,\,\,\,\,\,\,\,\,{\text{ = Rs}}{\text{. 300}} \cr
& {\text{Profit}} = \frac{{300}}{{1000}} \times {\text{100 }} \cr
& \,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\, = {\text{30% }} \cr} $$
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