A trader marks his goods 30% more than the cost price and gives his customers a discount of 20% on their bills. What percentage of profit does he make?
A trader marks his goods 30% more than the cost price and gives his customers a discount of 20% on their bills. What percentage of profit does he make?
एक व्यापारी अपने माल पर लागत मूल्य से 30% अधिक मूल्य अंकित करता है तथा अपने ग्राहकों को उनके बिलों पर 20% की छूट देता है। उसे कितने प्रतिशत लाभ होता हैं?
Detailed Solution & Logic
4%
Solution:
Let Cost Price (CP) = 100
Marked Price (MP) = $100 + 30% = 130$
After 20% discount:
Selling Price (SP) = $130 \times \frac{80}{100} = 104$
Profit = $104 - 100 = 4$
Profit % = $\frac{4}{100} \times 100 = 4%$
Final Answer: 4%
Similar Practice Questions
A seller offers a combo deal: “Buy 3 shirts for the price of 2”. If each shirt costs him Rs.300, what is the effective loss percentage?
A seller offers a combo deal: “Buy 3 shirts for the price of 2”. If...
An electronics store orders 150 portable speakers at a a cost of ₹400 each.
An electronics store orders 150 portable speakers at a a cost of ₹400 each. The...
If the cost price of a camera is 75%
If the cost price of a camera is 75% of its selling price, then the...
‘A’ and ‘B’ entered a joint venture. ‘A’ brought Rs. 1,50,000 and ‘B’
‘A’ and ‘B’ entered a joint venture. ‘A’ brought Rs. 1,50,000 and ‘B’ Rs. 2,00,000.’A’...
A seller makes a loss of 5% by selling a shirt for ₹1,000. He would have made x% profit by selling for ₹1,400. Find the value of x.
A seller makes a loss of 5% by selling a shirt for ₹1,000. He would...
By selling an article for ₹19
By selling an article for ₹19, a dealer makes a profit of 20%. By how...
A seller offers a 40% discount on an item whose cost price is Rs. 720.
A seller offers a 40% discount on an item whose cost price is Rs. 720....