Question

A profit of 30% is made on goods when a discount of 20% is given on the marked price. What profit per cent will be made when a discount of 30% is given on the marked price?

Answer 1

Let the cost price be $C$ and marked price be $M$

According to question $C\times \frac{13}{10}=M\times \frac{8}{10}$

So,$M\times \frac{7}{10}=C\times \frac{11.375}{10}$

So Profit percent made will be $11.375$%