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A shopkeeper marked a bag at 35% above its cost price. If he sold it at a discount of 12%, find his profit percentage.
  • a)
    11.5%
  • b)
    13.6%
  • c)
    18.8%
  • d)
    23%
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
A shopkeeper marked a bag at 35% above its cost price. If he sold it a...
Let the cost price of the bag be Rs. ‘x’
Marked price = (100 + 35)% of x = 1.35x
Discount = 12% of 1.35x = 0.12 × 1.35x = 0.162x
Selling price = Marked price – discount = 1.35x – 0.162x = 1.188x
Profit earned = selling price – cost price = 1.188x – x = 0.188x
∴ Profit percentage = (0.188x/x) × 100 = 18.8%
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A shopkeeper marked a bag at 35% above its cost price. If he sold it at a discount of 12%, find his profit percentage.a)11.5%b)13.6%c)18.8%d)23%Correct answer is option 'C'. Can you explain this answer?
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A shopkeeper marked a bag at 35% above its cost price. If he sold it at a discount of 12%, find his profit percentage.a)11.5%b)13.6%c)18.8%d)23%Correct answer is option 'C'. 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 shopkeeper marked a bag at 35% above its cost price. If he sold it at a discount of 12%, find his profit percentage.a)11.5%b)13.6%c)18.8%d)23%Correct answer is option 'C'. 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 shopkeeper marked a bag at 35% above its cost price. If he sold it at a discount of 12%, find his profit percentage.a)11.5%b)13.6%c)18.8%d)23%Correct answer is option 'C'. Can you explain this answer?.
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