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1. A trader marks his goods 40% above cost price and allows a discount of 25%. The profit he makes is:
Then, the Marked Price = 40% of 100 + 100 = 140
SP = 140 - 25% of 140 = 105
%Profit =
Net Graphic Change Method:
100 == 40% UP ⇒ 140 == 25% discount ⇒ 105So, % Profit = 5%
Solution:
Let original CP = Rs. 100Then, the Marked Price = 40% of 100 + 100 = 140
SP = 140 - 25% of 140 = 105
%Profit =
Net Graphic Change Method:
100 == 40% UP ⇒ 140 == 25% discount ⇒ 105So, % Profit = 5%