Home » Aptitude » Discount » Question
  1. A trader marks his goods at 20% above the cost price. If he allows a discount of 5% for cash down payment, his profit percent for such a transaction is
    1. 15%
    2. 12%
    3. 14%
    4. 17%
Correct Option: C

Let C.P. be ₹ 100.
Marked price = ₹ 120

S.P. =
120 × 95
= ₹ 114
100

Gain percent = 14%
2nd method to solve this question.
Here, r = 20%, r1 = 5%
Gain % =
r ×(100 − r1)
− r1
100

Gain % =
20 × (100 − 5)
− 5
100

Required Gain % = 19 – 5 = 14%



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