Question

ROHIT MARKS HIS GOODS AT 40 % ABOVE THE COST PRICE BUT ALLOWS A DISCOUNT OF 5% FOR CASH PAYMENT TO HIS CUSTOMERS . WHAT ACTUAL PROFIT DOES HE MAKE IF HE RECEIVES RS 1064 AFTER ALLOWING DISCOUNT

Answer 1

Answer:

40%-5%=35%

35 of 1064

35/100 * 1064

= 372.4