Math, asked by mashiur0706, 8 months ago

A retailer sells goods at a price by which he gain 25 on that price. The cost of his goods is reduced later by 6% and he lowers his selling price by 4%.calculate the percentage of profit on sales under the above condition.

Answers

Answered by amitnrw

Given : A retailer sells goods at a price by which he gain 25% on that price. The cost of his goods is reduced later by 6% and he lowers his selling price by 4%.

To Find : the percentage of profit on sales under the above condition

Solution:

Let say cost Price = 100C

Gain = (25/100)100C = 25C

Selling Price = 100C + 25C = 125C

The cost of his goods is reduced later by 6%

New Cost = 100C - (6/100)100C = 94C

lowers his selling price by 4%.

New Selling Price = 125C - (4/100)125C

= 125C - 5C

= 120C

New Profit = 120C - 94C

= 26C

New profit % = (26C/94C) * 100

= 27.66 %

percentage of profit on sales under the new condition. = 27.66 %

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A retailer sells goods at a price by which he gain 25 on that price. The cost of his goods is reduced later by 6% and he lowers his selling price by 4%.calculate the percentage of profit on sales under the above condition.​

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A retailer sells goods at a price by which he gain 25 on that price. The cost of his goods is reduced later by 6% and he lowers his selling price by 4%.calculate the percentage of profit on sales under the above condition.