Question : A tradesman marks his goods at 26% above the cost price. He allows his customers a discount of 12% on the marked price. His profit percentage is:
Option 1: 10.88%
Option 2: 11.08%
Option 3: 10.50%
Option 4: 10%
Correct Answer: 10.88%
Solution : Let the cost price be 100. So, marked price = 100 + 26 = 126 He allows his customers a discount of 12% on the marked price. $\therefore$ Selling price = $\frac{100-12}{100}×126=110.88$ $\therefore$ Profit percentage $=\frac{110.88-100}{100}×100=10.88\%$ Hence, the correct answer is 10.88%.
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Question : A dealer allows a 25% discount on the marked price of an article and gains 20%. If the cost price of the article increases by 20%, how much discount percentage should he allow on the marked price to earn the same percentage of profit as before?
Option 1: 12%
Option 2: 8.5%
Option 3: 10%
Option 4: 7.25%
Question : A merchant marks up the price of his goods by 40% more than the cost price. He then sells $\frac{1}{5}$ th of his goods at a discount of 10%, half of the goods at the marked price and the rest of the goods at a discount of 20%. Find his profit percentage.
Option 1: 20.4%
Option 2: 30.4%
Option 3: 28.8%
Option 4: 14.6%
Question : A shopkeeper allows a discount of 15% on a textbook with a marked price of Rs. 100. On request, he further allows a discount of 10% on the new price of the goods. What is the overall discount given to the customer?
Option 1: Rs. 23.50
Option 2: Rs. 75.00
Option 3: Rs. 25.00
Option 4: Rs. 76.50
Question : The marked price of an article is 40% more than its cost price. If a 10% discount is given, what is the profit percentage?
Option 1: 10%
Option 2: 20%
Option 3: 26%
Option 4: 32%
Question : A trader buys an article at 80% of its marked price and sells it at a 10% discount on its marked price. His percentage profit is:
Option 1: $10 \frac{1}{2}$
Option 2: $10$
Option 3: $12 \frac{1}{2}$
Option 4: $15$
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