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%
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