Question

Even after reducing the marked price of a transistor by rs 32 a shopkeeper makes a profitof 15% if the cost price be rs 320 what percentage of profit would he have made if he had sold the transistor at the marked price

Answer 1

C.P. = Rs. 320, profit =15%, S.P. = Rs.(

100

115

×320)= Rs. 368

Marked price = Rs. (368+32)= Rs. 400

∴ Required profit %= (

320

80

×100)%=25%