A showroom owner sells a leather jacket for Rs. x and claims to make…

Question

A showroom owner sells a leather jacket for Rs. x and claims to make a profit of 10%. He plans to have a stall in the trade fair and marks the same jacket at Rs. 2x. At the stall,he allows a discount of 20%. What will b…

Accepted Answer

Option B. 76%. Answer & Solution Answer: Option B Solution: & S .P . = Rs . x & Profit = 10\% & C .P . = Rs . ( 100110 × x ) & \,\,\,\,\,\,\,\,\,\,\,\,\, = Rs . 10x11 & M .P . = Rs . 2x, & Discount = 20\% S.P. at trade fair = 80% of Rs. 2x & = Rs . ( 80100 × 2x ) & = Rs . 8x5 & Profit = Rs . (…

A showroom owner sells a leather jacket for Rs. x and claims to make a profit of 10%. He plans to have a stall in the trade fair and marks the same jacket at Rs. 2x. At the stall,he allows a discount of 20%. What will be the percentage profit that he will make at the trade fair?

Solution