Question
A shopkeeper marks an article 50% above the cost price
and then gives two successive discounts of 20% and 10%. What is his overall profit or loss percentage?Solution
Let the cost price be ₹100. Marked price = ₹150. After the first discount of 20%, the price becomes ₹150 × 0.80 = ₹120. After the second discount of 10%, the price becomes ₹120 × 0.90 = ₹108. Profit percentage = ((108 - 100) / 100) × 100 = 8%.
- 40 Chairs are bought at the marked price of 36 chairs. If these 40 chairs are sold after giving a discount of 1%, find the profit percentage.
A shop seller offered a discount of Rs. 3500 on the marked price of a rice bag and earned a profit of 40%. If the difference between the cost price and ...
What price should a shopkeeper mark on an article costing him 300 to gain 40% after allowing a discount of 30%?
The marked price of a gadget is Rs. 24,000. The seller gives a discount of 10% and still makes a profit of 25%. What is the difference between the disco...
On purchase of articles worth ₹10,000, a shopkeeper offers a flat discount of ₹700 to his customers. Further, by shopping using a credit card, he gi...
- A trader purchased a table for Rs. 5,000 and a chair for Rs. 2,000. He sold the table at a profit of 30% and the chair at a loss of 25%. Calculate the tota...
Two vendors sell an electronic gadget for Rs. 1500, making a profit of 20%. One vendor calculates his profit based on cost price, while the other consid...
Guru and Chirag are dealers of mobile. The price of mobile is Rs. 54,000. Guru gives a discount of 20 % on whole, while Chirag gives a di...
A Shopkeeper gives 2 articles free on the purchase of every 10 articles. He also allows a discount of 20% to customer and still earn 25% profit. Find th...
A Bread packet is sold at a profit of 20% after a discount of 25%. where the difference between profit and discount is Rs.370 then what will be the ma...