Question

a tradesman marks his god's at 35% above its cost price and allows a discount of 17.5% for purchase in cash. what profit per cent does he make.​

Answer 1

Answer:

11 3/8%

Step-by-step explanation:

let CP is 100%

MRP is 35% above CP

MRP=135%

Discount=17.5%

(100-Discount)%*MRP=SP

(100-17.5)%135%=SP

82.5%135%=SP

SP=111.375%

Profit%=((SP-CP)/CP)*100

Profit%=((111.375-100)/100)*100

Profit%=(11.375/100)*100

Profit=11 3/8%