Question : At how much percent above the cost price should a trader mark his goods so that after allowing a discount of 25%, he still gains 5%?
Option 1: 35
Option 2: 32
Option 3: 50
Option 4: 40
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Correct Answer: 40
Solution : Let the cost price be Rs. $100$. So, the selling price is $100 + 5$ = Rs. $105$ Discount is $25$%. Let, the marked price be $x$. So, the selling price after the discount is $\frac{75}{100}×x=\frac{3x}{4}$ According to the question, $\frac{3x}{4} = 105$ $\therefore x = 140$ Percentage above cost price = $\frac{140-100}{100}=40\%$ So, the trader marks his goods 40% above the cost price. Hence, the correct answer is 40.
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Question : A trader allows a discount of 5% for cash payment. What percentage above the cost price must he mark his goods to make a profit of 14%?
Question : A shopkeeper marks his goods 35% above the cost price. He then allows some discount on it. If he makes a profit of 14%, then the rate of discount is:
Question : A trader allows a 40% discount on his goods, but he loses 30% on them. Find the percentage of the marked price above the cost price.
Question : A tradesman marks his goods 25% above the cost price and allows his customers a discount of 12% on their bill. How much % profit do tradesmen realize?
Question : If a retailer offers a discount of 32% on the marked price of his goods and thus ends up selling at cost price, what was the percentage markup price?
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