a trader marks up his goods by 60% and given a discount of 25% . besides it he weight 20%less amount while selling his goods ,what is net profit of trader?
Answers
let the trader bougth 100kgs for 100 rupees
Given trader marks up his goods by 60% i.e., marked price is 160
also given he gave a discount of 25% on 160 rupees
=>(25/100)*160=40 rupees was decreased on 160.
Hence sp of product now becomes 160-40
=>sp=120 rupees
Alsop given weight of product is decreased by 20%
Hence weight now becomes 100-20
=>80kgs
from this we can say that trader is selling 80kgs at rate of 120
80kgs----------------->120 rupees
100kgs---------------->x
x=(100/80)*120
=>x=150
Hence from this we can say that trader is selling 100kgs at rate of 150 rupees,but he purchased 100kgs for 100 rupees.
Hence he gains a profit of "50%" on the goods he sell
This is ur answer.hope u understood