Q4 of 59 Page 11

A dealer marks his goods 40% above the cost price and allows a discount of 10%. Find the profit percent.

Let CP of goods be x

Marked price = 40% of CP + CP


=


= 1.40x


Discount % = 10%


Discount %




Discount = 0.14x


SP = Marked price - Discount


= 1.40x - 0.14x


= 1.26x


Profit = SP – CP


= 1.26x-x


= 0.26x


Profit %




∴ Profit % is 26%.


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A dealer is selling an article at a discount of 15%. Find:

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