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    Question

    A tradesman marks his goods 20% above the C.P. If

    he allows a discount of 10%, then what is his profit %?
    A 16% Correct Answer Incorrect Answer
    B 21% Correct Answer Incorrect Answer
    C 10% Correct Answer Incorrect Answer
    D 8% Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Let C.P = Rs. 100 ∴ Marked Price = Rs.120 And S.P = 120`xx90/100` [if gte msEquation 12]>× 90 100 [if !msEquation]-->[endif]--> = Rs. 108 ∴ Profit % = 8%

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