# What Profit Percent Does He Make?

Answered

A tradesman marks his goods at 30% above the CP and allows purchasers a discount of 15% for cash. What profit percent does he make?

- 11%
- 9.5%
- 13%
- 10.5%

Best answer

**Answer: (4) 10.5 %**

**Explanation:-**

Let the cost price of goods = Rs.100

A tradesman marks 30 % above the cost price.

Then, the price of a goods = 100 + 100 x 30/100

= 100 + 30

= Rs.130

He gave 15 % discount,

Then, the selling price = 130 – 130 x 15/100

= 130 – 19.5

= Rs.110.5

Profit % = 110.5 – 100

= 10.5 %

Hence, the answer is (4) 10.5 %.