A dealer marks his goods 35% above cost and gives a discount of 15%. What is his profit percent? MCQ with Answer and Explanation

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A dealer marks his goods 35% above cost and gives a discount of 15%. What is his profit percent?

A. 12%

B. 14.75%

C. 20%

D. 18%

Answer: Option B

Solution (By JKSSB Mock Tests)

Let CP = 100, MP = 135, SP = 135*0.85 = 114.75, profit = 14.75%.

This question belongs to: Maths Profit And Loss

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A tradesman marks his goods 25% above the cost price and allows a 10% discount for cash payment. If he earns a profit of Rs. 50, what is the cost price?

A. Rs. 350

B. Rs. 450

C. Rs. 380

D. Rs. 400

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Correct Answer: Option D

Explanation:
Let Cost Price = 100x. Marked Price = 125x. Selling Price = 125x * 0.90 = 112.5x. Profit = 12.5x. 12.5x = 50. x = 4. Cost Price = 100 * 4 = 400.

This question belongs to: Maths Profit And Loss