Q] A shopkeeper sells article at ₹45 per article giving 10% discount and earns 50% profit. If the discount is not given, then the profit gained is.
Answers
Given :-
- SP = Rs.45
- Discount = 10%
- Profit = 50% .
To Find :-
- If the discount is not given, then the profit gained is. ?
Solution :-
Lets Solve with Basic First :-
→ SP = 45
→ D % = 10%
→ MP = (SP * 100) / (100 - D%)
→ MP = (45 * 100) / (100 - 10)
→ MP = ( 45 * 100) / 90
→ MP = Rs.50
Also,
→ SP = 45
→ Gain% = 50%
→ CP = (SP * 100) / (100 + P%)
→ CP = (45 * 100 / (100 + 50)
→ CP = (45 * 100) / (150)
→ CP = Rs.30
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Now it has been said that, when no discount is given, that means the article is sold at Marked price .
So,
→ SP = Rs.50
→ CP = Rs.30
→ Gain = SP - CP
→ Gain = 50 - 30
→ Gain = Rs.20
And,
→ Gain% = (Gain in Rs. * 100) / CP
→ Gain% = (20 * 100) / 30
→ Gain% = (2000/30)
→ Gain% = (200/3)
→ Gain% = 66.67% .
Hence, if No Discount is given the shopkeeper has overall gain of 66.67% .
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Now Lets Try with Direct Formula Also :-
☛ New Profit % = [ { (100 + P%) ( 100 - D₂) } / ( 100 - D₁) ] - 100%
we have :-
☞ P% = 50%
☞ D₁% = 10%
☞ D₂% = 0% { No Discount } .
So, Putting value we get :-
☛ New Profit = [ { (100 + 50) * (100 - 0) } / (100 - 10% ) ] - 100%
☛ New Profit = [(150 * 100) / 90] - 100%
☛ New Profit = 166.67% - 100%
☛ New Profit = 66.67% .
Hence, Profit In New case will be 66.67% .
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[ Note :- we can solve it By Assuming CP as Rs. Also ].
Profit Gain - Rs. 20
Profit Gain % - 66.7 %
Step by step Explanation :
Given :
A shopkeeper sells article at ₹45 per article.
& offering 10% discount and earns 50% profit.
To find :
Profit.
Solution :
Let the C.P be Rs.100.
So,
Profit : 50 %
S.P :
=> 100 + 50
=> Rs. 150. [S.P]
Now, After Discount :
Sale price of Rs. 45
The CP would be =
If no discount was given :
The sale price will be :
=> 45/(1 - 10/100)
=> Rs. 50
So without discount,
The Sale Price is Rs. 50
The Cost Price is Rs.30.
We know that :
Hence,
Profit = 50 - 30 = Rs. 20
Profit % =