A trader buys goods at a 20 % discount on the | vedclass

Name: Exam Paper Generator | JEE NEET Paper Generator | Vedclass
Brand: Vedclass
Rating: 5 (35 reviews)

Question

(C) Let the original marked price be $MP_1 = 100x$.The trader buys the goods at a $20 \%$ discount,so the cost price $CP = 100x - 20x = 80x$.He wants

Vedclass · Accepted Answer

$25$

Vedclass · Answer

(C) Let the original marked price be $MP_1 = 100x$.The trader buys the goods at a $20 \%$ discount,so the cost price $CP = 100x - 20x = 80x$.He wants to make a profit of $25 \%$ on the cost price,so the required selling price $SP = 80x + 25 \% 	ext{ of } 80x = 80x + 20x = 100x$.Let the new marked price be $MP_2 = y$. He allows a discount of $20 \%$ on this new marked price,so $SP = y - 20 \% 	ext{ of } y = 0.8y$.Equating the two expressions for $SP$: $0.8y = 100x \Rightarrow y = \frac{100x}{0.8} = 125x$.The percentage increase over the original marked price is $\frac{125x - 100x}{100x} 	imes 100 = 25 \%$.

$A$ trader buys goods at a $20 \%$ discount on the marked price. If he wants to make a profit of $25 \%$ after allowing a discount of $20 \%$ on his new marked price,by what percent should his new marked price be greater than the original marked price?

Similar Questions

$A$ fruit-seller buys $x$ guavas for $Rs. y$ and sells $y$ guavas for $Rs. x$. If $x > y$,then he made:

The ratio between the selling price and the cost price of an article is $7:5$. What is the ratio between the profit and the cost price of that article?

$A$ shopkeeper gains $17 \%$ after allowing a discount of $10 \%$ on the marked price of an article. Find his profit percent if the article is sold at the marked price allowing no discount. (in $\%$)

Seema sells a pen to Sapna at a profit of $25 \%$. Sapna sells it to Asha at a profit of $10 \%$ and Asha sells it to Kavita at a profit of $5 \%$. If Asha sells it for $Rs.\,231$,find the cost price at which Seema bought the pen? (in $Rs.$)

$A$ man bought $4$ dozen eggs at $Rs. 24$ per dozen and $2$ dozen eggs at $Rs. 32$ per dozen. To gain $20\%$ on the whole,he should sell the eggs at what price in $Rs.$ per dozen?

Vedclass Test Series

Exam Paper Generator

Online Exam Module