Question

A trader allows a discount of 20% of his goods and still makes a profit of 25%. Find the profit percent made, if he sells his goods at 10% discount.

• A. $40.625\%$
• B. $40.825\%$
• C. $40.675\%$
• D. $40.620\%$

Answer 1

The correct option is A $40.625\%$

Let M.P$=Rs.100$

Then selling price after 20% discount=Rs.80

Profit$=25\%$

$\therefore C.P=\frac{100}{125}\times 80=Rs.64$

If traders give 10% discount then S.P=Rs.90

Then, Profit$=90-64=Rs.26$

Profit %$=\frac{26}{64}\times 100=40.625$%