Question

The marked price of an article is Rs. 5000. But due to a special festive offer a certain percent of discount is declared. Mr. X availed this oppurtunity and bought the article at reduced price. He then sold it at Rs. 5000 and thereby made a profit of 11 1/9%. The percentage of discount allowed was?

A) 10 B) 10/3 C) 15/2 D) 100/9

Answer 1

Answer:

market price=5000

let the discount %be y

so the article is sold in 5000-5000y/100

CP =5000-50y

he again sold it in 5000

SP=5000

profit=5000-5000+50y

=50y

profit % = 11 1/9= 100/9%

profit % = profit/cp×100

100/9=(50y/5000-5y)×100

5000-50y/9=50y

5000-50y=450y

5000=500y

10=x

•: c) is the correct answer

hpoe it will help you kindly mark the answer as brainlist.