A dealer marks articles at a price that gives him a profit of 30%. unfortunately, 6% of the goods were lost in a fire accident and 24% were soiled and had to be sold at half of the cost price. if the remaining of the goods were sold at the marked price, what percentage profit or loss did the dealer earn?
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Assuming total articles =100 and 1 article cp 1₹
After selling on 30 % profit = 1.30₹
6 articles were damaged so remaining =94
And out of these 24 are sold at half cp
Sp 12
There for 70 articles remaining which sold at tagged price of Rs.1.30 = 70x 1.30 = Rs. 91/-
therefore total sale proceed is 12 + 91 = 103/-
total cost is 100, sale proceed is 103, profit is 3/- on cost price of 100/- therefore profit is 3%
After selling on 30 % profit = 1.30₹
6 articles were damaged so remaining =94
And out of these 24 are sold at half cp
Sp 12
There for 70 articles remaining which sold at tagged price of Rs.1.30 = 70x 1.30 = Rs. 91/-
therefore total sale proceed is 12 + 91 = 103/-
total cost is 100, sale proceed is 103, profit is 3/- on cost price of 100/- therefore profit is 3%
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