Question

A manufacturers supplies 50 tables at the marked price of 42 tables to the retailer. the retailer sells them at a 10% discount on the Marked price .what is the approximate profit or loss percentage of the retailer?​

Answer 1

Step-by-step explanation:

cost price of retailer: 42* 50= Rs 2100

Then, retailer sells the table of 10% discount on the marked price.

10% of 2100 =110/100*2100=231

discount rate=Rs.2100-231= Rs.1869

selling price=Rs 1869

cost price=Rs 2100

loss :Rs 2100-Rs 1869= Rs 231

loss%: 231*100/2100=11%Ans.