A scooter dealer allows a discount of 16% on the marked price .However , he still makes a profit of 20% on the C.P . Find the profit percent he would have made, had he sold the scooter at the M.P.
Please help me doing this sum frndz
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Let the marked price be 'M'and cost price be 'C'.
Selling price when 16% is discounted is ' (0.84)M '.
He makes a profit of 20% i.e. (0.84)M-C=(0.20)C → M=(120÷84)C.
If he had sold it at M, the profit fraction he would have made is (M-C)÷C = (120-84)÷(84) = 3/7.
Then profit percent is (3/7)×100%= 42.857%
Selling price when 16% is discounted is ' (0.84)M '.
He makes a profit of 20% i.e. (0.84)M-C=(0.20)C → M=(120÷84)C.
If he had sold it at M, the profit fraction he would have made is (M-C)÷C = (120-84)÷(84) = 3/7.
Then profit percent is (3/7)×100%= 42.857%
Anonymous:
ok
and if it is for the marketer
and is there any procedure for doing this ? 18% ka thing
Yes, there is.
please send that procedure
plzz dude
send that procedure
If two successive discounts d1,d2 are giventhen discounted price is (100-d1)(100-d2)M/(100)(100)
thanku
Happy to help :-)
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