Question

A trademan marks his goods at 35% above the cost price and then allows
purchasers a discount of 15%. What profit percent does he save?
Please answer fast and give step by step explanation.​

Answer 1

Step-by-step explanation:

Let CP = 100

MP = 135

Disc = 15% of 135 = 20.25

SP = MP - disc = 135 - 20.25 = 114.75

Profit = 114.75 - 100 = 14_.75

Expressed as %, Profit = 14.75%

Notes :

• MP is Always Expressed as a % of CP
• discount is always Given on MP

Answer 2

Step-by-step explanation:

Let CP = 100

MP = 135

Disc = 15% of 135 = 20.25

SP = MP - disc = 135 - 20.25 = 114.75

Profit = 114.75 - 100 = 14_.75

Expressed as %, Profit = 14.75%