Question

During the Puja Sale in a shopping mall, a retailer marks up the cost price of a T-shirt by 30% and then allows a 20% discount. He sells the T-shirt to a customer. What is the profit percent of the retailer?​

Answer 1

Solution :-

Let us assume that, the CP of the tshirt is Rs. 100x .

So,

→ MP = 30% above CP = (130 * 100x)/100 = Rs. 130x

now,

→ MP = Rs. 130x

→ Discount = 20%

→ SP = {MP * (100 - discount %)}/100 = (130x * 80)/100 = Rs. 104x .

then,

→ Profit = SP - CP = 104x - 100x = Rs. 4x

therefore,

→ Profit % = (4x * 100)/100x = 4% (Ans.)

Learn more :-

the cost of a mixture of three varieties of rice is rupees 56.5 if the cost of three varieties are rupees 50 per kg and .

https://brainly.in/question/45031867

A person gains Rs. 357 on selling a table at 13% gain and a chair at 6% gain. If he sells the table at 15% gain

and the ...

https://brainly.in/question/26704972