a tradman marks his goods at 25% above cost price if he allow his customer 10% discount how much percent profit does he make
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profit=12.5% is your ans.
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Let the cost price of the article by tradesman = Rs x
He marked at 25% above cost price.
Therefore marked price = x + 25% of x
= x + 25/100*x
= x + x/4
= Rs 5x/4
Now he gave dicount on this price for a customer
Now price after discount = 5x/4 - 10% of 5x/4
= 5x/4 - 10/100*5x/4
= 5x/4 - 5x/40
= 50x - 5x / 40
= Rs 45x/40
Therefore Rs 45x/40 is the selling price of trader.
Profit of trader = S.P - C.P
= Rs 45x/40 - Rs x
= Rs 5x/40
= Rs x/8
Profit% = profit/C.P * 100
= (x/8)/x * 100
= x/8 * 1/x * 100
= 100/8
= 12.5 %
The profit% of trader = 12.5 %
He marked at 25% above cost price.
Therefore marked price = x + 25% of x
= x + 25/100*x
= x + x/4
= Rs 5x/4
Now he gave dicount on this price for a customer
Now price after discount = 5x/4 - 10% of 5x/4
= 5x/4 - 10/100*5x/4
= 5x/4 - 5x/40
= 50x - 5x / 40
= Rs 45x/40
Therefore Rs 45x/40 is the selling price of trader.
Profit of trader = S.P - C.P
= Rs 45x/40 - Rs x
= Rs 5x/40
= Rs x/8
Profit% = profit/C.P * 100
= (x/8)/x * 100
= x/8 * 1/x * 100
= 100/8
= 12.5 %
The profit% of trader = 12.5 %
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