Question 28
Back to Exercise
A trader marks up his goods by 80% and gives discount of 25%. Besides it he weighs 10% less amount while selling his goods. What is the net profit of trader?
- A 50% Correct
- B 35%
- C 45%
- D 55%
Correct Answer: Option A
Consider actual price of 1 g goods = Re. 1.
He sells the product equals to ₹ 90 only (10% less weighing)
Again MP = ₹ 1.8 and SP = 1.35 for 1 g.
Thus he gives the goods worth ₹ 90 and charges ₹ 135 after 25% discount.
Thus the profit % = [(135 - 90) / 90 ] x 100
= 50%
Discussion & Comments 0
Share your method, a shortcut, or ask about a step you didn't follow.
No comments yet. Be the first to share your solution!