A trader sells his goods at a discount 20% . He still makes a profit of 25% . If he sells the goods at the marked price only, his profit will be:

A trader sells his goods at a discount 20% . He still makes a profit of 25% . If he sells the goods at the marked price only, his profit will be: Correct Answer 56. 25%

Let the marked price = Tk. 100 Then, SP = 100 - 20% of 100 = Tk. 80 Profit = 25% Let His CP = X SP = 80 X + 25% of X = 80 Hence, X = Tk. (100 × 80)/125 = Tk. 64 CP = Tk. 64 Profit after selling on marked price = 100 - 64 = Tk. 36 % gain = (36 × 100)/64 = 56.25%

Related Questions

Find the profit percent, if the trader doesn’t allow the discount. I. A trader allows a discount of 10% on the marked price of an article. II. The trader makes a profit of 17% on the cost price even after the 10% discount on the marked price. III. The marked price for the article is Rs. 100. Which statement(s) is/are required to answer the question?