If on an item a shop gives 25% discount, they earn 25%
profit. If they now give 10% discount then what is the
profit percentage
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Answer / muhammad aamir siddiq
Ok I have seen many Answers but none of them seem correct.
Heres the real way to solve this data sufficiency problem:
We don't need to consider the cost price at all. It is already clued in the question.
1st Part
When we earn 25% profit by offering 25% discount it means:
Selling price before 25% discount=$100
Selling price after 25% discount= $75
So we come to know( as its mentioned in the question) that when we sell certain item with 25% discount or $75 we will get 25% profit.
2nd Part
Now if we give 10% discount then selling price after 10% discount = $90
How much profit will we get when we'll sell an item for $90?
So we need to find the profit by this basic cross multiplication method:
75---25
90---x
75x= 25*90/75= 30
So our profit will be 30%
| Is This Answer Correct ? | 169 Yes | 73 No |
Answer / vasu
if we consider cost price as 100,they made 25%profit with
25%dis. means if they sold at 125 to customer with 25%
discount.It means its MRP is 500/3 i.e.
100---75
x----125
so x=500/3 and 10% of it is 50/3 means 500/3-50/3=150
so profit is 50%
| Is This Answer Correct ? | 41 Yes | 13 No |
Answer / ashish
let take 1oo rs prise. shop keeppe's cost prise is 6o rs.
if he give only 10% dis. it means he had inccuared a profit
of 30 rs which is 50% of his cost prise. so answer is 50%.
| Is This Answer Correct ? | 28 Yes | 17 No |
Answer / venky
suppose 100 be the amount....he got 25% profit that means
125...now he gave disount 25% that means 125*.75 is the
actual price that is 166.66667
now given10% discount that means 166.66-16.66=150
so he gets a profit of 50
which is 50%
simple sense the profit will increase if we reduce discount
| Is This Answer Correct ? | 9 Yes | 1 No |
Answer / m.r.subramanya sastry
I
Consider Rs 100 as marked price.
Selling price SP with 25% discount is 100-25=75Rs
SP with 10% discount is Rs90
II Finding Cost price CP
If 100Rs is CP and profit is 25% the SP=125Rs
for 25% profit: if sp is 125Rs CPis 100Rs
Sp is 75Rs CP is = (100x75)/125
=Rs60
Now the Profit with 10% discount=SP-CP
=90-60=30Rs
% Profit= (Profit/CP)100
=(30/60)100= 50%
| Is This Answer Correct ? | 4 Yes | 1 No |
Answer / himanshu
let the market price be x.
and discount given on market price be 25%
therefore, s.p = 75% of x
but it is given ,
75%of x=25%
>>> x=1/3
now, 10% discount on market price.
therefore.s.p.=90%
90% of x=y%(as let new profit % be y%)
90/100 *1/3=y/100
==>>y=30%
| Is This Answer Correct ? | 7 Yes | 5 No |
Answer / akshay bhan
let c.p =100,so 25% profit s.p.=125
now let
m.p =100,so 25 %discount s.p=75
now in terms of proportions
C.P S.P. M.P.
100 125 x
75 100
find x
x=125*100/75=166.6666
M.P.=166.666
no reducing 10% would give us S.P.=166.666-16.6666=150
new S.P. =150
C.P.=100
profit=150-100/100=50%
correct me where i'm wrong
| Is This Answer Correct ? | 1 Yes | 0 No |
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