Question

A shopkeeper fixed the marked price of his radio to make a profit of 30 %. Allowing 15 % discount on the marked price, the radio was sold. What percent profit did he make? ​

Answer 1

Answer:

10.5 %

Step-by-step explanation:

Here .

let the Cost Price be 'x'

the..

by the question..

the marked price was fixed to make 30% profit

then..

the marked price will be

x+ 30% of x

= x + 30/100 × x

=x+ 0.3x

=1.3x

soo .. the marked price is 1.3x

now.. after allowing 15% discount..

the selling price will be

1.3x - 15% of 1.3x

= 1.3x - 0.195x

= 1.105x

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now..

profit made = 1.105x-x

= 0.105x

soo .

in percentage..

profit percent = profit/cp × 100%

= 0.105x/x × 100%

= 10.5 %