Question

24. Alice made a profit of 40% on selling 80 cement bags
at a discount of 44% on the marked price. If she wants
to make the same profit by selling 30 less bags, how
much discount should be given on each bag?
(A) 32.4% (B) 33.33% (C) 34.4% (D) 35.6%​

Answer 1

Answer:

Let cost be 100x

Profit 40% , sale price = 140x

Sale price is 140x after 44% discount

So marked price = 100/56 X 140x = 250x

Total profit = 80*40x = 3200x

3200x/50 = 64x

So sale price =164x

Discount = 250x-164x = 86x

86x /250x * 100 = 8600/250 = 34.4% discount must be given ANSWER