A trader marks his goods 30% more than the cost price and gives his customers a discount of 20% on their bills. What percentage of profit does he make?
A trader marks his goods 30% more than the cost price and gives his customers a discount of 20% on their bills. What percentage of profit does he make?
एक व्यापारी अपने माल पर लागत मूल्य से 30% अधिक मूल्य अंकित करता है तथा अपने ग्राहकों को उनके बिलों पर 20% की छूट देता है। उसे कितने प्रतिशत लाभ होता हैं?
Detailed Solution & Logic
4%
Solution:
Let Cost Price (CP) = 100
Marked Price (MP) = $100 + 30% = 130$
After 20% discount:
Selling Price (SP) = $130 \times \frac{80}{100} = 104$
Profit = $104 - 100 = 4$
Profit % = $\frac{4}{100} \times 100 = 4%$
Final Answer: 4%
Similar Practice Questions
In what ratio should sugar costing ₹52 per kg be mixed with sugar costing ₹73 per kg so that the mixture can be sold at ₹87.10 per kg with a profit of 30%?
In what ratio should sugar costing ₹52 per kg be mixed with sugar costing ₹73...
A shopkeeper bought an article for ₹500.
A shopkeeper bought an article for ₹500. At what price (in ₹) should he sell...
A man spent 60% of his salary on household expenses, 20% of his salary on rent and out of remaining salary, he donated 80% to a trust. If he is left with ₹20,000, then what is his salary?
A man spent 60% of his salary on household expenses, 20% of his salary on...
I bought two dresses for ₹1,200. I sold the first one at a loss of 9% and the second at a gain of 18%. If, on the whole I made neither a loss nor a gain, find the cost price (in ₹) of the first dress.
I bought two dresses for ₹1,200. I sold the first one at a loss of...
A trader sells two aticles at the same selling price. On One, he makes 10% profit,
A trader sells two aticles at the same selling price. On One, he makes 10%...
The selling price of 16 books is equal to the cost price of 8 books. Find the loss or gain percentage.
The selling price of 16 books is equal to the cost price of 8 books....
A person sells 2 items for ₹ 780
A person sells 2 items for ₹ 780 and earns a profit equal to the...