Question

a businessman marks his goods at 30% above the cost price then he sells them at a discount of 15% find his profit percent

Answer 1

Let the Cost Price be $100.

Marked price=100 + 30% of 100

                      =100 +30

                      =$130

Selling price= 130- 15% of 130

                    = 130 - 19.5

                    = $ 110.5

Profit = 110.5 - 100

         = $10.5 or 10.5%