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A trader marks his goods at 35% above the cost price. He sells 80% of the goods at the marked price and rest, he sells by allowing 35% discount on the marked price. His profit percent is:

  1. A
    27.55
  2. B
    25.55
  3. C
    20
  4. D
    35

Solution & Step-by-step Explanation

Let the total cost price of total goods be Rs. 100.
The total marked price (MP) will be:

MP=100+35% of 100=135
Now, the goods are divided into two parts:

80% of the goods are sold at the marked price:

Revenue
1

=80% of 135=
100
80

×135=108
The remaining 20% of the goods are sold at a 35% discount on the marked price:

Selling Price of remaining portion per unit relative to MP=135×(1−
100
35

)=135×0.65=87.75
Revenue
2

=20% of 87.75=
100
20

×87.75=17.55
Total Selling Price (SP):

Total SP=Revenue
1

+Revenue
2

=108+17.55=125.55
Profit percentage:

Profit %=
Total CP
Total SP−Total CP

×100
Profit %=
100
125.55−100

×100=25.55%

Practice this question

Try it yourself before checking the explanation above.

A trader marks his goods at 35% above the cost price. He sells 80% of the goods at the marked price and rest, he sells by allowing 35% discount on the marked price. His profit percent is:
A
27.55
B
25.55
C
20
D
35

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