Question

5. A businessman marks his goods at 30% above the cost price. He then sells them at a discount of 15%. Find his profit 6. percentage.​

Answer 1

Answer:

Let CP of the goods = Rs.x.

Marked price of the goods

= x×(100+30)100

= Rs. 13x10

Now, SP of 'the goods = 13x10×(100−15100)

= 13x10×85100=Rs.21200x

= Profit = (221200x−x)=Rs.21200x

Hence, profit per cent = 221200xx×100%

2100200 = 10.5%