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A cloth merchant uses 120 cm scale than 100 cm while buying cloth, but uses 80 cm scale while selling the same cloth. He offers a discount…

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A cloth merchant uses 120 cm scale than 100 cm while buying cloth, but uses 80 cm scale while selling the same cloth. He offers a discount of 10% on credit card payment. What is his profit percentage on credit card payments?

A33%
B34%
C35%
D36%

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Discussion 1

CCommunity26 Jun 2019

Let C.P. of 100 cm cloth be Rs.100

ATQ,

The merchant bought 120 cm for Rs.100

⇒ C.P. of 1 cm = 100/120 = Rs. 5/6

Now,

⇒ C.P. of 80 cm of cloth = 5/6 x 80 = 66.66

⇒ S.P. of 80 cm at 10% discount = 100 x 0.9 = 90

∴ Profit % = (90 – 66.66) x 100 /66.66 = 35% (approx.)