Question

A trader marks his goods at $30\%$ above the cost price and allows a discount of $10\%$. What is his selling price?

• A. $117$
• B. $120$
• C. $99$
• D. $59.45$

Answer 1

The correct option is A $117$

Let the cost price be Rs. $100$

Then, marked price $=$ Rs. $130$

Discount $=10\%$ of the marked price

$=10\%$ of $130$

$=\frac{1013}{100}\times 130$

$=13$

Selling price $=$ Marked price $-$ Discount

$=130-13$

$=117$

Therefore, the selling price for his goods is Rs. $117$.