While selling to the retailer, a company allows 30% discount on the marked price

Sail E0 Webinar

Question

While selling to the retailer, a company allows 30% discount on the marked price of their products. If the retailer sells those products at marked price, his profit % will be :

Options:

A . 40%

B . 42$1/7$%

C . 30%

D . 42$6/7$%

Answer: Option D
Answer: (d)If the marked price of the product be Rs.100, thenC.P. = Rs.70; S.P. retailer = Rs.100∴ Gain per cent= $30/70 × 100 = 300/7= 42{6}/7$%

Was this answer helpful ?

Next Question

Submit Solution

More Questions on This Topic :

Question 1. Krishnan bought a camera and paid 20% less than its original price. He sold it at 40% profit on the price he had paid. T....of profit earned by Krishnan on the original price was

Question 2. A shopkeeper allows 23% commission on his advertised price and still makes a profit of 10%. If he gains Rs.56 on one ite....item, his advertised price of the item, (in Rs.) is

Question 3. The marked price of an article is 50% above cost price. When marked price is increased by 20% and selling price is incre....original marked price is Rs.300, then original selling price is

Question 4. The cost of manufacture of a tape recorder is Rs.1,500. The manufacturer fixes the marked price 20% above the cost of ma....get a profit of 8%. The rate of discount is

Question 5. The marked price of an article is 10% higher than cost price. A discount of 10% is given on marked price. In this kind o....price. In this kind of sale, the seller bears :

Question 6. At what per cent above the cost price, must a shop–keeper marks his goods so that he gains 20% even after giving a dis....giving a discount of 10% on the marked price ?

Question 7. A shopkeeper sold sarees at Rs.266 each after giving 5% discount on labelled price. Had he not given the discount, he wo....cost price. What was the cost price of each saree?

Question 8. Arvind purchased a wrist watch with 30% discount on the labelled price. He sold it with 40% profit on the price he bough....bought. What was his percent loss on the labelled price?

Question 9. A shopkeeper offers a discount of 10% on his articles. The marked price of the article is Rs.450. The selling price shou....of the article is Rs.450. The selling price should be

Question 10. A shopkeeper marked the selling price of his goods in such a way that after giving a discount of 10% he gains 17%. How m....per cent above the cost price is 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

Pie Chart - Test Paper 1 Data Interpretation Reasoning & DI

Tabulation - Test Paper 2 Data Interpretation Reasoning & DI

Test Paper 1 Direction Sense Test Reasoning & DI

ICA , RDIC,GFM Free Modal Test Paper - Non - Technical Branch Old Syllabus 2022 - SAIL Junior Officer E0

GFM Combined 1 Free Revision Test SAIL JO E-0