Question

* A seller makes his goods 30% above the cost price and then allowed a discount of 15%. what will be the cost price of the article on which he earns 784?​

Answer 1

Step-by-step explanation:

A seller marks his goods 30% above their cost price but allows 15% discount for cash payment. His percentage of profit When sold in cash, is

A) 10.50%

B) 15%

C) 9%

D) 8.50%

Correct Answer:

A) 10.50%

Description for Correct answer:

Let CP of the goods = Rs.x.

Marked price of the goods

= x×(100+30)100

= Rs. 13x10

Now, SP of 'the goods = 13x10×(100−15100)

= 13x10×85100=Rs.21200x

= Profit = (221200x−x)=Rs.21200x

Hence, profit per cent = 221200xx×100%

2100200 = 10.5%