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Question

A tarder buys goods at 19% off the list price he wants to get a profit 20% after allowing a discout of 10%. At what % above the list price should he marks the goods.

Answers -

1) 4%

2) 6%

3) 8%

4) none

Read 1 Solution.

ans is 8%

as tender buys at 19% of LP

suppose LP=100 Rs

therefore,CP for tender is 81% of 100=81 Rs

he wants a profit of 20% after selling goods of CP 81 Rs

so,120% of 81=(120/100)*81 Rs

after giving discount on the Marked price(specified by him),

suppose MRP is 'X' Rs

therefore,

90% of X = 120% of 81

X=108

but LP was 100

therefore (108-100)=8

So he should mark 8% above LP to get profit of 20% after giving discount of 10% on marked price..

Best SolutionSAGAR 11 year ago is this solution helpfull: 4 1

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