MY CART (5)

Use Coupon: CART20 and get 20% off on all online Study Material

ITEM
DETAILS
MRP
DISCOUNT
FINAL PRICE
Total Price: R

There are no items in this cart.
Continue Shopping
Menu
Shobha Sexana Grade: 11
        A trader buys goods at a 19% discount on the label price. If he wants to make a profit of 20% after allowing a discount of 10%, by what % should his marked price be greater than the original label price?
8 years ago

Answers : (1)

ritu goyal
13 Points
										

Let the label price be = Rs.100. The trader buys at a discount of 19%.

Hence, his cost = 100 - 19 = 81.



He wants to make a profit of 20%. Hence his selling price = 1.2 (81) = 97.2



However, he wants to get this Rs.97.2 after providing for a discount of 10%. i.e. he will be selling at 90% of his marked price.

Hence, his marked price M = = 108 which is 8% more than the original label price.

8 years ago
Think You Can Provide A Better Answer ?
Answer & Earn Cool Goodies
  • Complete JEE Main/Advanced Course and Test Series
  • OFFERED PRICE: R 15,000
  • View Details
  • Complete JEE Main/Advanced Course and Test Series
  • OFFERED PRICE: R 15,000
  • View Details

Ask Experts

Have any Question? Ask Experts

Post Question

 
 
Answer ‘n’ Earn
Attractive Gift
Vouchers
To Win!!! Click Here for details