Question 75

A person makes a profit of 17% after allowing 10% discount on its marked price. If he gives 14% discount on the marked price, then his profit percent is:

Solution

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

=> Selling price after 10% discount = Rs. $$90x$$

Profit % = 17%, => Cost price = $$\frac{90x}{117}\times100=Rs.$$ $$\frac{1000x}{13}$$

Now, if discount = 14%, => Selling price = Rs. $$86x$$

$$\therefore$$ Profit % = $$\frac{86x-\frac{1000x}{13}}{\frac{1000x}{13}}\times100$$

= $$\frac{118}{10}=11.8\%$$

=> Ans - (A)

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