A trader allows a discount of on the marked price. He still has a profit of on the cost price. Find the profit percentage if he sells at the marked price.
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Solution & Step-by-step Explanation
Let the Cost Price () be .
Since the profit is , the Selling Price () is:
The trader allows a discount of on the Marked Price (), which means the Selling Price is of the Marked Price:
If he sells at the marked price, the new selling price becomes the marked price ().
The profit would be:
Since the profit is , the Selling Price () is:
The trader allows a discount of on the Marked Price (), which means the Selling Price is of the Marked Price:
If he sells at the marked price, the new selling price becomes the marked price ().
The profit would be: