Question

The MP of an article is a 600. After giving a discount
of 20% on the M.P a trader still makes a profit of 20%
Later when it cost increases by 10% what % of discount
should be allowed an M.P So as each the same
profit %​

Answer 1

Answer:

Let M.P=Rs.100

Then selling price after 20% discount=Rs.80

Profit=25%

∴C.P=

125

100

×80=Rs.64

If traders give 10% discount then S.P=Rs.90

Then, Profit=90−64=Rs.26

Profit %=

64

26

×100=40.625%