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  1. A seller marks his goods 30% above their cost price but allows 15% discount for cash payment. His percentage of profit when sold in cash, is ?
    1. 10.5%
    2. 15%
    3. 9%
    4. 8.5%
Correct Option: A

Let CP of the goods = ₹ N
∴ Marked price of the goods = N x {(100 + 30)/100} = ₹ 13N/10

Now, SP of the goods = (13N/10) x (100 - 15/100)
= (13N/10) x (85/100) = ₹ 221N/200

⇒ Profit = {(221 x N)/200} - N = ₹ 21N/200

Hence, profit per cent = [{21N/200} /N] x 100 % = 2100/200 = 10.5 %


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