| 1. |
By selling an article for rs. 300, a trader made a profit of 25%. Now, if the trader gives a successive discount of 15% and 10% on the existing selling price, then how much profit/loss does he earn? |
|
Answer» Answer: 10.5 Step-by-step explanation: Given By selling an article for rs. 300, a trader made a profit of 25%. Now, if the trader GIVES a successive discount of 15% and 10% on the existing selling price, then how MUCH profit/loss does he EARN? Let the cost of the article be x and profit is 25% 25/100 = 0.25 + 1(article) = 1.25 So original price of article will be (1.25) = 300 x = 300 /1.25 = Rs 240 Now he made a profit of 25% of 240 = Rs 60 So total will be 240 + 60 = Rs 300 First 15% of 300 = 15/100 x 300 = 45 300 – 45 = Rs 255 Again 10% of 255 will be 10/100 x 255 = 25.5 255 – 25.5 = Rs 229.5 From Rs 240, now he has only Rs 229.50. So 240 – 229.50 = Rs 10.5. So it a loss of Rs 10.5 |
|