100
C.P.
*100 + * 45 = 145.
Discount of 20% on this marked price is = 20% of 145 =
= 29.
Therefore, selling price = 145 - 29 = 116. We get
profit = S.P. - C.P. = 116 - 100 = 16.
profit x 100 =
Hence, profit percent =
0 x 100 = 16.
100
Thus the merchant makes a profit of 16% on the marked price.
(Observe it is not 45% - 20% = 25%)
Exercise 9.3
1. An article marked * 800 is sold for * 704. Find the discount and
discount percent.
A dress is sold at 550 after allowing a discount of 12%. Find its
marked price.
3. A shopkeeper buys a suit piece for 1,400 and marks it 60% above
the cost price. He allows a discount of 15% on it. Find the marked
price of the suit piece and also the discount given.
F. A dealer marks his goods 40% above the cost price and allows
In fiind the profit percent.
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