Question

6. A dealer bought a bag for 3600 and marked it 15% above the cost price. If he allows a
discount of 5%. find (1) the marked price. (ii) the selling price. (i) the profit, and (iv) the
profit percentage.​

Answer 1

Answer:

i) M.P.=3600+3600×15%

         =4140

ii) S.P.=4140-4140×5%

         =3933

iii) Profit =3933-3600

             =333

iv) Profit Percentage=$\frac{333}{3600}$×100

                                 =9.25%