While selling,a businessman allows 40 % disco | vedclass

Name: Exam Paper Generator | JEE NEET Paper Generator | Vedclass
Brand: Vedclass
Rating: 5 (35 reviews)

Question

(C) Let the marked price of the article be $Rs. x$ and the cost price $(CP)$ be $Rs. 100$.According to the problem,the selling price $(SP)$ after a $4

Vedclass · Accepted Answer

$16 \frac{2}{3}$

Vedclass · Answer

(C) Let the marked price of the article be $Rs. x$ and the cost price $(CP)$ be $Rs. 100$.According to the problem,the selling price $(SP)$ after a $40 \%$ discount is:$SP = x - 0.40x = 0.60x$Given that there is a loss of $30 \%$,the $SP$ is also equal to $70 \%$ of the $CP$:$SP = 100 - 30 = 70$Equating the two expressions for $SP$:$0.60x = 70$$x = \frac{70}{0.60} = \frac{700}{6} = \frac{350}{3}$If the article is sold at the marked price $(x)$,the profit is:$Profit = SP - CP = \frac{350}{3} - 100 = \frac{350 - 300}{3} = \frac{50}{3} = 16 \frac{2}{3}$Since the $CP$ is $100$,the profit percentage is $16 \frac{2}{3} \%$.

While selling,a businessman allows $40 \%$ discount on the marked price and there is a loss of $30 \%$. If it is sold at the marked price,the profit percent will be:

Similar Questions

$(0.1 \times 0.01 \times 0.001 \times 10^{7})$ is equal to

If the difference between $\frac{4}{5}$ part and $\frac{3}{4}$ part of a number is $4,$ what is the number?

If the numbers $\frac{3}{5}, \frac{2}{3}, \frac{3}{4}$ are given,then we can say that

What is the unit's digit of $125^{125} + 216^{216}$?

If $x^{2}+y^{2}-2x+6y+10=0$,then the value of $(x^{2}+y^{2})$ is

Vedclass Test Series

Exam Paper Generator

Online Exam Module