-- advertisement --

Discussion

  1. A trader procures his goods from a wholesaler, whose balance reads 1200 g from 1000 g . The trader sells all the procured goods to a customer after marking up the goods at 20% above the cost price. what is his overall percentage profit or loss in the whole transaction ?
    1. 38 % profit
    2. 50 % profit
    3. no profit no loss
    4. none of the above
  1. Correct Option: C

    If CP be Rs. 1g, then he pay Rs. 1200 for 1000 g
    Again he obtains Rs. 1200 for 1000 g (by selling at 20% profit) Thus there is no loss no gain.


Your comments will be displayed only after manual approval.

-- advertisement --

-- advertisement --