if you want to remove an article from website contact us from top.

# if a retailer marks up his price by 30 % and then allows a 30 % discount, what is his percentage profit or loss?

Category :

### Mohammed

Guys, does anyone know the answer?

get if a retailer marks up his price by 30 % and then allows a 30 % discount, what is his percentage profit or loss? from screen.

## If a retailer marks up his price by 30 % and then allows a 30 % discount, what is his percentage profit or loss? (A)9 % gain (B) 8 % gain (C) C. 8% loss (D) 9 % loss

If a retailer marks up his price by 30 % and then allows a 30 % discount, what is his percentage profit or loss? (A)9 % gain (B) 8 % gain (C) C. 8% loss (D) Home > English > Class 14 > Maths > Chapter > Practise Set 27 >

If a retailer marks up his pri...

If a retailer marks up his price by 30 % and then allows a 30 % discount, what is his percentage profit or loss?

(A)9 % gain (B) 8 % gain (C) C. 8% loss (D) 9 % loss

Updated On: 27-06-2022

00 : 12

Text Solution Open Answer in App A B B C C A D D Answer

Step by step solution by experts to help you in doubt clearance & scoring excellent marks in exams.

## Related Videos 3952337 0 700 6:12

A dishonest dealer sells the goods at 20% loss on cost price but uses 15% less weight. What is his percentage profit or loss? a.

5 11 17 % 51117% loss b. 5 15 17 % 51517% loss c. 5 15 17 % 51517% gain d. 5 11 17 % 51117% gain 646905431 0 4.3 K 1:21

एक दुकानदार अपनी वस्तुओं पर लागत मूल्य से 50% अधिक मूल्य अंकित करता है और 25% की छूट देता है। उसका लाभ या हानि प्रतिशत कितना होगा? 21368996 0 1.4 K 2:30

एक दुकानदार अपने सामान पर उसके क्रय मूल्य से 50% अधिक अंकित करता है और 40% की छूट देता है तो उसका लाभ प्रतिशत या हानि प्रतिशत क्या है? 648562509 0 3.3 K 1:52

यदि कोई दुकानदार वस्तुओ पर क्रय मूल्य से 50% अधिक कीमत अंकित करता है और 40% की छुट देता है, तो उसका लाभ या हानि प्रतिशत कितना है ? 644158358 0 4.1 K 2:58

एक दुकानदार अपने सामान पर क्रय मूल्य से 10% अधिक मूल्य अंकित करता है, तथा 10% बट्टा देता है। उसका प्रतिशत लाभ या हानि है : 3952288 0 7.0 K 1:05

10% loss on selling price is what percent loss on the cost price?

9 1 11 % 9111% b. 9 2 11 % 9211% c. 10% 10% d. 11% Show More Comments

Popular Chapters by Class:

Class 6 Algebra

Basic Geometrical Ideas

Data Handling Decimals Fractions Class 7

Algebraic Expressions

Comparing Quantities

Congruence of Triangles

Data Handling

Exponents and Powers

Class 8

Algebraic Expressions and Identities

Comparing Quantities

Cubes and Cube Roots

Data Handling

Direct and Inverse Proportions

Class 9

Areas of Parallelograms and Triangles

Circles Coordinate Geometry Herons Formula

Introduction to Euclids Geometry

Class 10

Areas Related to Circles

Arithmetic Progressions

Circles Coordinate Geometry

Introduction to Trigonometry

Class 11 Binomial Theorem

Conic Sections

Introduction to Three Dimensional Geometry

Limits and Derivatives

Class 12

Application of Derivatives

Application of Integrals

Continuity and Differentiability

Determinants

Differential Equations

Terms And Conditions

स्रोत : www.doubtnut.com

## If a retailer marks up his price by 30 % and then allows a 30 % discount, what is his percentage profit or loss?

Answer (1 of 15): Ans. Loss of 9% Let price of article be 100 , then Marked Price would be, 100 + 30 = 130 After discount of 30 % Selling Price of article would be, 130 - 130*30% = 130 - (130*30)/100= 130 -39 = 91 Hence loss of 100–91= 9 Which is (9*100)/100 = 9% If a retailer marks up his price by 30 % and then allows a 30 % discount, what is his percentage profit or loss?

Ad by Amazon Web Services (AWS)

Reliable & secure cloud storage: scale on demand so you have the storage you need, when you need it.

Sort Joseph Chennattu

Lets assume that the Cost Price(CP) for the article is =100

∴Marked Price(MP) = CP+30% of CP= 100+((30/100)*100)=130

Since Discount(D) is applied on the MP,

Selling Price(SP) = MP-(D% * MP)

∴SP = 130 - ((30/100)*130)= 130 - 39= 91

Since SP is lower than CP,

Loss(L) = CP-SP = 100 -91=9

∴L% = (L/CP)*100= (9/100)*100=9%

PS- If you have any doubt regarding to the above solving please feel free to ask in the comment section

PSS- If you feel that x% increase then x% decrease cancel each other out, this question proves that they don’t. So don’t make a mistake! :)

Related questions

A dealer marks his goods 30% above the cost price but allows a discount of 15% for cash payment. What is the percentage of gain?

A, B and C can do a piece of work in 20, 30 and 60 days respectively. In how many days can A do the work if he is assisted by B and C on every third day?

A shopkeeper mixes two varieties of tea, one costing Rs. 40/kg and another Rs. 50/kg in the ratio 3:2. If he sells the mixed variety of tea at Rs. 48/kg, what is his gain or loss percent?

A shopkeeper realized a profit of 30% even after giving a discount of 30% on the marked price. At what percentage above the cost price is the marked price?

While selling to the retailer, a company allows 25% discount on the marked price of their products. If the retailer sells those products at the marked prices, what will his profit percentage be?

CMA K S Narayanan

Cost Accountant having 24 years Telecom ExperienceAuthor has 6K answers and 9.9M answer views3y

Sweet relation to tackle such questions :

Effective percentage = A + B + AB/100

= 30 +(-30) + (30 x -30)/100

= -9. = 9% Loss :-)

The Screener.co stock screener is a screener for value investors.

Screener.co is a very robust fundamental stock screener. It's free for 30 days, then from \$24.95/mo.

Muthu S 3y

Say the base price is 100.

100 + 30% = 130 130 - 30% = 91

So the retailer has made a loss of 9% from the base price ( 1-91/100)

Graham Shepherd

Former Employed as a Manager in Hotel and Catering Author has 400 answers and 89.7K answer viewsUpdated 1y

There is a difference because of what the calculations are 30% of which at first glance seems counterintuitive.

However.

When you add 30% on it’s on top of the original price (OP).

When you come to deduct the 30% it off the OP + 30% which, in this case is a figure that is higher by 9%.

So the loss element is 9%.

Related questions

What is the maximum percentage discount that a merchant can offer on her marked price so that she ends up selling at no profit or loss if she had initially marked her goods up by 30%?

The cost price of 30 apples is equal to the selling price of 40 apples. What is the profit or loss percentage?

The marked price of an article was 25% above the cost price. If it was sold allowing 10% discount on the marked price, what is the profit percentage?

What is the loss percent when a shop keeper marks his goods 20 percent on the cost price and allows a 30 percent discount?

What is the percentage of profit on CP equivalent to 30 percent of profit on SP?

Dave Cox

Former Teacher at Tasmania, Australia (1974–2019)Author has 473 answers and 110.4K answer views1y

Mark up 30% means now 130% of cost price

30% less than marked price

Means 70% of the marked price of 130%

0.7× 130=91% % loss is 9% Noel Carter

Former Armed Forces Service at Royal Australian Air Force (1955–1967)Author has 359 answers and 44.2K answer views1y

The retailer would have a 9% loss:

add 30%, to make it \$130

then discount that by 30% (\$39), for a final price of \$91.

So the retailer loses 9%.

Catalino Lansangan

Lives in Pasig City, Philippines (2017–present)Author has 1.8K answers and 650.8K answer views2y

SP=1.30CP-0.30(1.30)CP=1.30CP-0.39CP=0.91CP

Use Formula: %Profit=(SP-CP)/CP x 100%

Percentage Profit= [(0.91CP-CP)]/CP=-0.09CP/CPx100%=-0.09x100%=-9% loss

Neil Gordon

\$200 is the Cost Price is \$200

\$260 is the new price after Retailer marks up his price by 30%

\$182 is the price after a 30% discount was applied.

£18 loss or 9% of \$200 Cost Price

Stephen Kazoullis

Retired secondary school teacher Author has 6.2K answers and 6.3M answer views1y

If the markup is 30%, then it sells for 1.3 of its cost. A discount of 30% means it will sell for 70% of that, which gives 0.91 of the cost. This means a loss of 9%.

Early to bed and early to rise is a good habit.Author has 4.4K answers and 1.7M answer views1y

Let c.p be x

M.p=x(130/100=13x/10

D%=30

S.p=(13x/10)(70/100)=91x/100

L=x-(91x/100)=9x/100

स्रोत : www.quora.com

## [Solved] A retailer marks up his goods by 30% and offers 15% discount

Marked price of the goods = (100 + 30) /100 × 1000 = 1300 Selling price of goods after discount of 15% = (100 – 15) /100 × 1300 = Rs. 1105 Home Quantitative Aptitude Profit and Loss Discount and MP

## Question

A retailer marks up his goods by 30% and offers 15% discount. What will be the selling price (in Rs.) of an item sold by the retailer if its cost to the retailer is Rs. 1,000?

1050 1105 805 1225

Option 2 : 1105

India's Super Teachers for all govt. exams Under One Roof

FREE

Demo Classes Available*

## Detailed Solution

Marked price of the goods = (100 + 30) /100 × 1000 = 1300

Selling price of goods after discount of 15% = (100 – 15) /100 × 1300 = Rs. 1105

Share on Whatsapp

Let's discuss the concepts related to Profit and Loss and Discount and MP. Explore more from Quantitative Aptitude here. Learn now!

India’s #1 Learning Platform

Start Complete Exam Preparation

Daily Live MasterClasses

Practice Question Bank

Mock Tests & Quizzes

Trusted by 3.4 Crore+ Students

‹‹ Previous Ques Next Ques ››

## More Discount and MP Questions

Q1. A smart TV was purchased for Rs. 155000. Its price was marked up by 35%. It was sold at a discount of 20% on the marked price. What was the profit percent of the smart TV?Q2. A radio is listed at ₹500 with a discount of 10%. What additional discount must be offered to the customer to bring the net price to ₹423?Q3. A person buys an item from a shop for which the shopkeeper offers a discount of 10% on the marked price. The person pays using an e-wallet which gives 10% cash back. Which one of the following is the value of effective discount?Q4. The marked price of an article is Rs. x. A shopkeeper sells it by giving two successive discounts of 15% and 10%. If payment is made by a credit card, a further 5% discount is also allowed. A customer buys it using credit card for Rs. 697.68. What is the value of x?Q5. Reena bought a mobile phone at a discount of 20%. Had the discount received was 25%, she would have saved ₹2,000 more. How much did she pay (in ₹) for the mobile phone?Q6. Raj bought a shirt and saved Rs. 20 when a discount of 25% was given. What was the price of the shirt before the discount?Q7. 'Buy three, get two free'. What is the percentage of discount being offered here?.Q8. A shopkeeper gives two successive discounts of 7% each on the marked price of Rs. 20,000 of an article. The selling price (in Rs.) of the article is :Q9. A shopkeeper marks his goods to gain 30%. But he allows 10% discount for down cash payment. His profit percent isQ10. Mohan buys an article for discount of 20% on the market price. He makes a profit of 15% by selling it at Rs. 1,104. What is the market price of the article?

## More Profit and Loss Questions

Q1. A man buys 2 dozen bananas at Rs.16 per dozen. After selling 18 bananas at the rate of Rs.12 per dozen, the shopkeeper reduced the rate to Rs.4 per dozen. Find the loss percentage.Q2. A started a business with an initial investment of Rs.21,000. Some month later B joins the business with Rs 36,000. At the end of the year they shared the profits equally. After how many months B entered into partnership with A?Q3. A trader sells two watches at Rs. 2000 each. If he gains 25% on one watch and loses 20% on the other, then So how much profit or loss does he make?Q4. If a fruit seller sells 100 bananas and makes a profit equal to the selling price of 20 bananas, what is his profit?Q5. Arjun and Bhaskar started a business by investing Rs 40,000 and Rs 60,000 respectively. Arjun's share of profit at the end of the year was Rs.10,000. What was the total profit?Q6. Raj Kumar sold 2 calculators at Rs 990 each. On one calculator he made a profit of 10% and on another calculator, he made a loss of 10%. What is his profit or loss in the transaction?Q7. Ajay and Babu entered into a partnership investing Rs. 16000 and Rs. 12000, respectively. After 3 months, Ajay withdrew Rs. 5000 and Babu invested Rs. 5000 more. What will be the respective profit-sharing ratio of Ajay and Babu?Q8. Marked price of watch is 150 percent of marked price of bag and cost price of watch is equal to marked price of bag and watch is sold at 25% profit and bag is sold for 25% loss and the discount given on watch and bag are Rs.120 and Rs.180 respectively, then what is the cost price of bag?Q9. The price of 1 kg of tomatoes in the shop is Rs 14. Shila wants 3.5 kg of tomatoes. How much will it cost her?Q10. Rajiv bought a watch from an online store and sold it to Sanjeev at a profit of 5%. Sanjeev sold it back to Manish at a profit of 4%. Manish provided Rs.5460. Find the original price Rajiv bought the watch from an online store.

स्रोत : testbook.com

Do you want to see answer or more ?
Mohammed 2 month ago

Guys, does anyone know the answer?