A shopkeeper marks his goods 50% above the cost price. He sells the goods at a discount of 12%. What is his profit percentage?
A shopkeeper marks his goods 50% above the cost price. He sells the goods at a discount of 12%. What is his profit percentage?
एक व्यापारी अपने माल का अंकित मूल्य, क्रय मूल्य से 50% अधिक निर्धारित करता है। वह अपना माल 12% छूट पर बेचता है। उसका लाभ प्रतिशत कितना है?
Detailed Solution & Logic
Correct Answer:
32%
Let the cost price (C.P.)= 100
Marked price (M.P.)= 100 + 50% of 100 = 100 + 50 = 150
Selling price (S.P.) after 12% discount = 150 - 12% of 150 = 150 - 18 = 132
Profit = S.P. - C.P. = 132 - 100 = 32
Profit percentage = \(\frac{\text{Profit}}{\text{C.P.}} \times 100 = \frac{32}{100} \times 100\) = 32%
Profit percentage = 32%
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