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 = Rs. 100Then, SP = 100 - 20% of 100 = Rs. 80Profit = 25%Let His CP = XSP = 80X + 25% of X = 80Hence, X = Rs. $$\frac{{100 \times 80}}{{125}}$$  = Rs. 64CP = Rs. 64Profit after selling on marked price = 100 - 64 = Rs. 36% gain = $$\frac{{36 \times 100}}{{64}}$$  = 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?