Question

The price printed on a commodity is 900 rupees but a retailer buys at 40 percent discount and sells it for 900 rupees. The percentage profit of the retail trader is

Answer 1

Price printed on commodity= ₹900

40% of 900=

$\frac{40}{100} \times 900 = 360$

S. P= ₹900

Profit= 900-360 = 540

Profit% =

$\frac{profit}{cp} \times 100 \\ = \frac{540}{900} \times 100 \\ = 60\%$

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