A trader gains 25% by selling an article with 20% discount on its mar…

Question

A trader gains 25% by selling an article with 20% discount on its marked price. If the cost price of the article increased by 30%, then how much discount (in %) should he offer on the same marked price to gain 15% of pr…

Accepted Answer

Option D. 4.32%. Answer & Solution Answer: Option D Solution: & Cost price Marked price = 100 - Discount100 + Profit & = 100 - 20100 + 25 & = 80125 & New cost price = 80 × 130100 = 104 & New selling price = 104 × 115100 = 119.6 & Discount = 125 - 119.6 = 5.4 & Discount \% = 5.4125 × 100 = 4.32\%

A trader gains 25% by selling an article with 20% discount on its marked price. If the cost price of the article increased by 30%, then how much discount (in %) should he offer on the same marked price to gain 15% of profit?

Solution