Question 46
A profit of 25% is earned on goods when a discount of 20% is allowed on the marked price. What profit percentage will be earned when a discount of 10% is allowed on the marked price?
Solution
Let the Marked Price = Rs. 100
=> Selling price = $$\frac{80}{100} \times 100 = 80$$
$$\therefore$$ Cost price = $$\frac{100}{125} \times 80 = 64$$
When discount of 10% is allowed
=> S.P. = $$\frac{90}{100} \times 100 = 90$$
$$\therefore$$ Required Profit % = $$\frac{90 - 64}{64} \times 100$$
= $$\frac{325}{8} = 40\frac{5}{8} \%$$
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