MY CART (5)

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

ITEM
DETAILS
MRP
DISCOUNT
FINAL PRICE
Total Price: Rs.

There are no items in this cart.
Continue Shopping
Menu
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?
9 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.

9 years ago
Think You Can Provide A Better Answer ?
Answer & Earn Cool Goodies

Get Extra Rs. 1,590 off

COUPON CODE: SELF10


Course Features

  • 731 Video Lectures
  • Revision Notes
  • Previous Year Papers
  • Mind Map
  • Study Planner
  • NCERT Solutions
  • Discussion Forum
  • Test paper with Video Solution


Course Features

  • 731 Video Lectures
  • Revision Notes
  • Test paper with Video Solution
  • Mind Map
  • Study Planner
  • NCERT Solutions
  • Discussion Forum
  • Previous Year Exam Questions


Get Extra Rs. 1,590 off

COUPON CODE: SELF10

Ask Experts

Have any Question? Ask Experts

Post Question

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