A stationery shop owner purchases pencils from a wholesaler at the rate of Rupees 300 per pencil and
marked them at Rupees 400 each. He allows some discount and gets a profit of 30% on the cost price.
What percent discount does he allows to his customers?
Answer:
Rs .10
and it is 1 percent.
Hope this will be.
Answer:
Answer
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Correct option is
A
15 % profit
Total number of pens =300
Pens sold at no loss no profit =4300 = 75
Pens sold at 20% profit = 300−75=225
Let C.P. of one pen =Rs 1
C.P. of 225 pens =Rs 225
Total Profit =20%of225=10020×225=45
Total S.P. =225+45=270
Now, Including the pens sold at no profit and no loss.
Total CP =225+75=300
Total SP =270+75=345
Profit % =30045×100=15%
Hence, option ‘A’ is correct.