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​The ratio of the marked price to the cost price of an article is 5 : 3. If the selling price of that article is ₹3645 and the shopkeeper gave two suc
Question

The ratio of the marked price to the cost price of an article is 5 : 3. If the selling price of that article is ₹3645 and the shopkeeper gave two successive discounts of 25% and 10% on the marked price, then what is the profit or loss percent during this transaction?

A.

loss 15%

B.

loss 15.5%

C.

profit 10%

D.

profit 12.5%

Correct option is D

Given:

Marked Price (MP) : Cost Price (CP) = 5 : 3

Selling Price (SP) = ₹3645

Discount 1 = 25%

Discount 2 = 10%

Formula Used:

Effective Discount (for successive discounts):

Effective Discount=d1+d2d1×d2100\text{Effective Discount} = d_1 + d_2 - \frac{d_1 \times d_2}{100}

Where d1& d2 are the two successive discounts.

Selling Price (SP):

SP=(1Effective Discount100)×Marked Price (MP)\text{SP} = \left( 1 - \frac{\text{Effective Discount}}{100} \right) \times \text{Marked Price (MP)}

Profit or Loss = SP − Cost Price (CP)

Profit or Loss Percentage=(Profit or LossCP)×100\text{Profit or Loss Percentage} = \left( \frac{\text{Profit or Loss}}{\text{CP}} \right) \times 100

Solution:

 MP : CP = 5 : 3

CP = 35×\frac{3}{5}\times  MP

Since d1=25% , d2= 10%

Effective Discount = (25 + 10 - 25×10100\frac{25\times 10}{100} )% = 32.5%

Percentage Paid = 100 − 32.5 = 67.5%

Now,   SP = 67.5% of MP

SP = 67.5100\frac{67.5}{100} ×\times  MP

MP = 3645×10067.5\frac {3645 \times 100}{67.5} = 5400

So, CP = 35×\frac{3}{5}\times  5400 = 3240

Profit = SP − CP = 3645 − 3240 = 405

Profit Percentage=(Profit CP)×100\text{Profit Percentage} = \left( \frac{\text{Profit }}{\text{CP}} \right) \times 100= 4053240×100=12.5\frac{405}{3240} \times 100=12.5%

Thus, option (d) ​profit 12.5% is right answer.

Effective Discount=d1+d2−d1×d2100\text{Effective Discount} = d_1 + d_2 - 

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