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?

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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.