Question discussion

After giving a discount of 33.33%, there is a loss of 11.111%. If only 10% discount is given, then what will be the profit percentage?

140096Medium 1 reply 786 views
1
After giving a discount of 33.33%, there is a loss of 11.111%. If only 10% discount is given, then what will be the profit percentage?
  • A24
  • B20
  • C27
  • D25
Answer not set

Discussion 1

0
CCommunity
Let say Marked Price = M

& Cost Price = C
Discount of 33.33%
Hence discount = M/3
Selling Price = M - M/3 = 2M/3
Loss of 11.11%
Loss = C/9
Selling Price = C - C/9 = 8C/9
=> 2M/3 = 8C/9
=> M = 4C/3









if 10% Discount is given selling Price = M - M/10 = 9M/10



Profit = 9M/10 - C
= 9 *4C/30 - C
= 6C/30
= C/5



Profit % = 100 * (C/5)/C = 20%



20 % profit

Hence Option (2) is correct.