Question

a dealer makes his goods 40 percent above the cost price and allows a discount of 15 percent. find his profit percentage ​

Answer 1

Answer:

Step-by-step explanation:

Let its cp = Rs 100,

then N.P. = Rs 140,

and the he allows 15% of discount so its sp :

= 140 - 15% of 140

=140 - (15/100 into 140)

= 140 - 21

= Rs 119

so its S.P.= Rs 119

now we have to calculate his allover profit so it equals to

= sp - cp = 119 - 100 = Rs 19

so he earns about 19% of profit