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A wholesaler marks his goods 35% above the cost price. If he allows a discount of 6 1/5%, then his profit percent is
  • a)
    26.63%
  • b)
    39.33%
  • c)
    49.33%
  • d)
    25%
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
A wholesaler marks his goods 35% above the cost price. If he allows a ...
From given data
Let the cost price of the article be Rs. 100, then marked price = Rs. 135
Selling price = 135 – 31/5% of 135 = 135 – 8.37 = 126.63
∴ Profit percent = (126.63 – 100)/100 × 100 = 26.63 %
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A wholesaler marks his goods 35% above the cost price. If he allows a discount of 61/5%, then his profit percent isa)26.63%b)39.33%c)49.33%d)25%Correct answer is option 'A'. Can you explain this answer?
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A wholesaler marks his goods 35% above the cost price. If he allows a discount of 61/5%, then his profit percent isa)26.63%b)39.33%c)49.33%d)25%Correct answer is option 'A'. Can you explain this answer? for SSC 2024 is part of SSC preparation. The Question and answers have been prepared according to the SSC exam syllabus. Information about A wholesaler marks his goods 35% above the cost price. If he allows a discount of 61/5%, then his profit percent isa)26.63%b)39.33%c)49.33%d)25%Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for SSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A wholesaler marks his goods 35% above the cost price. If he allows a discount of 61/5%, then his profit percent isa)26.63%b)39.33%c)49.33%d)25%Correct answer is option 'A'. Can you explain this answer?.
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