Question

A trader marks a television 20% above the cost price and allows a discount of 10%. If the profit earned is 3544, then what is the cost price of the television?
(a) 37000
(b) 6800
(c) 38000
(d) 7200​

Answer 1

The marked price = 40% above CP = 140

With a discount of 25%, the selling price = 140x75/100 = 105

Hence his gain percent is 105 - 100 = 5%