Profit and Loss Practice Test 4

Question : 37 of 40

Marks: +1, -0

A trader sold an article offering a discount of 5% and earned a profit of 23.5%. What would have been the percentage of profit earned if no discount was offered?

Validate

Solution:

Let marked price = Rs. 100; then S.P. = Rs. 95
Since, C.P. =

100/ 123.5× 95

= Rs.

1000/ 13

Again, when S.P. = Rs. 100; C.P. = Rs.

1000/ 13

Gain =

100 -1000/13

= Rs.

300/13

Gain%

={300\/ 13}/{1000\/ 13}×100 = 30%

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