A trader marked the price of his commodity so as to include a profit of 25%. He allowed discount of 16% on… · ABC26GN2823
Subject: General Aptitude · Chapter: Profit and Loss · Exam: S.S.C. 2004
A trader marked the price of his commodity so as to include a profit of 25\%. He allowed discount of 16\% on the marked price. His actual profit was
(a)5\%
(b)9\%
(c)16\%
(d)25\%
Answer
Explanation
Let C.P. be ₹ 100. Then, marked price $=₹ 125$. $$\text { S.P. }=84 \% \text { of } ₹ 125=₹\left(\frac{84}{100} \times 125\right)=₹ 105 \text {. }$$ $\therefore \quad$ Profit $\%=(105-100) \%=5 \%$.
Explanation as extracted from the printed page; notation may be imperfect.
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