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1). 5.5 percent loss2). 14 percent profit3). 50 percent profit4). 26 percent loss |
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Answer» According to the given information, LET’s assume the list price to be Rs. ‘x’ Then Selling price = x - 25% of x = 0.75x Loss of 5% was incurred. ⇒ - 0.05 = SP/CP - 1 ⇒ SP/CP = 1 - 0.05 ⇒ CP = SP/0.95 ⇒ CP = 0.75x/0.95 = 15x/19 When the merchant SELLS at 10% DISCOUNT, ⇒ SP = x - 10% of x = 0.9x ⇒ Profit or Loss = $(\frac{{0.9x}}{{\frac{{15x}}{{19}}}} - 1c)$ = 1.14 - 1 = 0.14 ∴ 14% profit RESULTED on 10% discount on list price |
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