The marked price of the cupboard is Rs. 15,750, which is 50% above its cost price. It is sold at a discount of 40%. What is the profit/loss percentage?
Given:
Marked Price (MP) = Rs. 15,750
Markup Percentage = 50% (MP is 50% above Cost Price)
Discount Percentage = 40%
Formula Used:
MP =
SP =
Loss % =
Solution:
Since the Marked Price is 50% above the Cost Price:
15,750 =
15,750 = CP × 1.5
CP = = 10,500
Cost Price = Rs. 10,500
The item is sold at a 40% discount on the Marked Price:
SP =
SP = 15,750 × 0.60
Selling Price = Rs. 9,450
Loss = 10,500 - 9,450 = 1,050
Loss % = = 10%
English
80 Questions
160 Marks
60 Mins English English80 Questions160 Marks60 Mins English English20 Questions40 Marks25 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?
