A shopkeeper fixes the marked price of an item 50% above its cost price. What percentage of discount on the marked price should be allowed to gain 8%?
Given:
Marked Price (MP) = 50% above Cost Price (CP)
Required Gain = 8%
Find: Discount % on MP
Formula Used:
Discount % =
Solution:
Let = ₹100
Then,
MP = 150% of 100 = 1.5 × 100 = ₹150
SP = 108% of 100 = 1.08 × 100 = ₹108
Discount = 150 - 108 = ₹42
Discount % =
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90 Mins English English100 Questions100 Marks90 Mins English English100 Questions100 Marks90 Mins EnglishA trader lists a shirt for ₹2,000 and gives a 10% discount to a buyer. Despite the discount, he still gains a profit of 20%. The shirt's cost price
Which of the following successive discounts is better for a customer?
a. 20%,15%,10%
b. 25%,12.5%,10%
A trader increases the marked price of an article by 40% on cost and sells it after allowing a 20% discount on the marked price. Find his profit percentage.
A TV set marked at ₹18,000 is sold for ₹15,300. Find the discount percentage.
A T-shirt is on sale for 15% off its original price of Rs 60 . How much will you pay for the T-shirt?
An article was sold at ₹600, making a profit of 20%. The cost price of the article was
A shopkeeper allows a discount of 20% on the marked price. What price must be marked on an article costing ₹3360, so as to make a gain of 25%?
What is the effective discount percent if a shopkeeper offers a scheme “Buy five and get three free”?
Find the effective discount for the scheme 'buy 10, get 6 free'.
A trader sells a toy for 615 after giving a discount of 18% on its marked price. If he sells it at 80% of itsmarked price, then he earns a profit of 20%. What is the cost price of the toy?
Suggested Test Series
Suggested Test Series
A trader lists a shirt for ₹2,000 and gives a 10% discount to a buyer. Despite the discount, he still gains a profit of 20%. The shirt's cost price
Which of the following successive discounts is better for a customer?
a. 20%,15%,10%
b. 25%,12.5%,10%
A trader increases the marked price of an article by 40% on cost and sells it after allowing a 20% discount on the marked price. Find his profit percentage.
A TV set marked at ₹18,000 is sold for ₹15,300. Find the discount percentage.
A T-shirt is on sale for 15% off its original price of Rs 60 . How much will you pay for the T-shirt?
An article was sold at ₹600, making a profit of 20%. The cost price of the article was
A shopkeeper allows a discount of 20% on the marked price. What price must be marked on an article costing ₹3360, so as to make a gain of 25%?
What is the effective discount percent if a shopkeeper offers a scheme “Buy five and get three free”?
Find the effective discount for the scheme 'buy 10, get 6 free'.
A trader sells a toy for 615 after giving a discount of 18% on its marked price. If he sells it at 80% of itsmarked price, then he earns a profit of 20%. What is the cost price of the toy?
