Question

A dealer marks articles at a price which gives him a profit of 40%. 5% of the
consignment of goods was lost a first on his premises, 20% was soiled and had
to be sold at half the cost price. If the reminder was sold at the marked price,
what % profit or loss did the dealer make on that consignment?​

Answer 1

Answer:

Uday Ramanassume trader has 100 units for sale with cost price Rs 1/- eachsale price per unit at 30% profit = 1.306 units are damaged and lost so remaining are 94 unitsout of these 94, 24 units are soiled and sold at half the cost price ( Cost price is Rs 1/-) thereforethese are sold at 0.50 per unit ttotalling a sale proceed of Rs. 12/- ( 24 x 0.50)there are 70 units 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%i.e. option (iii) is the correct answer

Step-by-step explanation:

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