Question 52

A shopkeeper marks his goods 40% above the cost price and allows a discount of 25% on it. His gain % is

Solution

Let cost price = $$Rs.$$ $$100x$$

Markup % = 40%

=> Marked Price = $$100x \times \frac{140}{100}=Rs.$$ $$140x$$

Discount % = 25%

=> Selling price = $$140x \times \frac{75}{100}=Rs.$$ $$105x$$

$$\therefore$$ Profit % = $$\frac{105x-100x}{100x} \times 100$$

= $$\frac{5}{100} \times 100=5\%$$

=> Ans - (A)

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