Question

if a trader makes a profit of 20%by offering a discount of 20%the marked price .what will be the profit percentage if the trader discount 30%

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Answer 1

Step-by-step explanation:

Let's assume MP is 100. He has given 20% discount on MP, So SP is 80 which is at 25% profit. So the SP is 1.25% of CP and hence, CP is 64. We have been asked to sell the product at 40% PM. So 64+40%*64 = 89.6 which is 10.4% discount on MP, 100.

Discount % should be 10.4