Question

A dealer marks his goods 40%above the cost price and allowys a discount of 15%. Find his profit percentage

Answer 1

Let the original cost be x

Price after 40% markup:

40% markup = 0.4x

price after markup = x + 0.4x = 1.4x

Price after discount :

15% discount = 15% of 1.4x = 0.15(1.4x) = 0.21x

Price after discount = 1.4x - 0.21x = 1.19x

Find profit:

Profit = 1.19x - x = 0.19x

Find profit percentage:

Profit percentage = 0.19x/x x 100 = 19%

Answer: The dealer makes 19% profit.

Answer 2

Answer:

ur answer

hope it's helpful..