If on an item a company gives 35% discount, they earn 20% profit. If they now give 20% discount then what is the profit percentage?
0.65*(Selling Price) {35% discount on Selling Price} = 1.2*(Cost Price) {20% profit on the cost of the product} 0.8*(Selling Price) = [0.8*1.2/0.65]*(Cost Price) = 1.4769*(Cost Price) = 47.69% Profit.
A shopkeeper marks up his goods by 35% and gives a discount of 20%. Apart from this, he uses a faulty balance also, which reads 1000 gm for 850 gm. What is his net profit percentage?
A shopkeeper gives 12% discount on the marked price and gives two articles free on buying every 14 article and thus gain 26%. By what percentage the marked price is above the cost price?
A wholesaler allows a discount of 25% on the list price to the retailer. The retailer sells at 5% below the list price. If the customer pays Rs. 38 for an article what profit is made by the retailer on it?
A trader bought two articles for Rs. 17000. He sold one at a profit of 20% and the other at loss of 25%. If the selling price of an article sold at 25% loss is 500/9% of the selling price of an article sold at 20% profit. What is the gain or loss percentage in the whole transaction?
