A trader gains 25% by selling an article at a discount of 35% on its marked price. If the cost price of the article increases by 28%. what discount percent should he now give on the same marked price to get same profit percentage as before?
Answers
Answer:
16.8
Step-by-step explanation:
consider
MP = 100
Discount on MP in 35% i.e. 35 rs on 100
therefore
SP= 65
Still profit on CP was 25%
65=CP+ 25%CP
CP= 52
Now CP increases by 28%
28%of 52 =14.56
Therefore new CP = 52 + 14.56= 66.56
For new CP too profit remains 25 %
therefore new SP = 66.56 +25%66.56
= 83.20
MP is same i.e. 100
so now discount in rs = (100-83.2)= 16.80
percentage = (16.8*100)/100= 16.8
The value discount percentage is 16.80%.
Step-by-step explanation:
Given:
A trader gains 25% by selling an article at a discount of 35% on its marked price.
If the cost price of the article increases by 28%.
To Find:
The value discount percentage.
Solution:
As given- a trader gains 25% by selling an article at a discount of 35%
on its marked price.
Let marked price of the an article is p.
Discount on marked price in 35%
Selling price of article
Selling price of article
As given- the cost price of the article increases by 28%.
New Cost Price after increase=
For new Cost price profit remains 25 %.
So, new selling price
Marked price of the an article is also remain same p.
So, discount
Discount Percentage
Thus, the discount percentage is 16.80%.
Project Code # SPJ3