What Profit Percent Does He Make?

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?

  1. 11%
  2.  9.5%
  3.  13%
  4.  10.5%
Anurag Mishra Professor Asked on 29th July 2015 in Maths.
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  • 1 Answer(s)
    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 %.

    Anurag Mishra Professor Answered on 30th July 2015.
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