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QUESTION:-
A vendor marks goods 45% above the cost price and allows a discount of
40% during the sale. Find the profit percentage of the vendor.
NOTE:-
••••no spams!!
Answers
Given :
A vendor marks goods 45% above the cost price and allows a discount of
40% during the sale.
To find :
- Let the CP be Rs.100
- MP is 45% above CP
- Discount offered on MP
- S.P. of Goods
- S.P. > C.P. , thus the vendor made profit:
Verified :
yaha dekh chote:) mathematics ke bache ko dekh:D
Let the CP be Rs.100
MP : 45% above the C.P. [ Question how?
Answer : A vendor 'marks' = marked price:) ]
Formula: Discount = Discount Percent/M.P. * 100
[ see the question has given as ' marks 45% above the cost price ]
Therefore, 100 + 45% * 100
[ zero will get cancelled ]
[ let's get back to question: The sabji wala puts a discount of 40% ]
So, we will find out the discount instead of this discount percent:]
Hence, Discount: Rs 145 * 40%
= Rs 145 * 40/100
= Rs 145 * 2/5
= Rs 290/5
= Rs 58
Formula to find S.P. when M.P. and Discount
Therefore, S.P. = M.P. - Discount
= Rs ( 145 - 58 )
= Rs 87
So, here, S.P. is greater than C.P.
=> Profit: 100 - 87
= Rs 13
This is our profit but the percent is also the same as the profit
the same as the profit Therefore, the profit percent is : 13%