Home
Class 14
MATHS
Even after a discount of q% on marked pr...

Even after a discount of `q%` on marked price a trader gains by `p%` What is the markup percentage over the cost price?

A

`(p+q)/((q-p))xx100`

B

`(p+q)/((100-p))xx100`

C

`(p+q)/((100-p))xx100`

D

not possible

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem of finding the markup percentage over the cost price when a trader gains by \( p\% \) after giving a discount of \( q\% \) on the marked price, we can follow these steps: ### Step-by-Step Solution: 1. **Define Variables:** - Let the Cost Price (CP) be \( 100 \) (this is a convenient choice to simplify calculations). - Let the Marked Price (MP) be \( x \). 2. **Calculate Selling Price (SP):** - The trader gives a discount of \( q\% \) on the marked price. Therefore, the Selling Price (SP) can be calculated as: \[ SP = MP - \text{Discount} = x - \left(\frac{q}{100} \times x\right) = x \left(1 - \frac{q}{100}\right) \] 3. **Calculate Selling Price in terms of Profit:** - The trader gains \( p\% \) on the Cost Price. Therefore, the Selling Price can also be expressed as: \[ SP = CP + \text{Profit} = 100 + \left(\frac{p}{100} \times 100\right) = 100 + p \] 4. **Set the Two Expressions for SP Equal:** - Since both expressions represent the Selling Price, we can set them equal to each other: \[ x \left(1 - \frac{q}{100}\right) = 100 + p \] 5. **Rearranging to Find Marked Price (MP):** - Rearranging the equation gives: \[ x = \frac{100 + p}{1 - \frac{q}{100}} \] 6. **Calculate Markup Percentage:** - The markup percentage is calculated as: \[ \text{Markup} = \frac{MP - CP}{CP} \times 100 = \frac{x - 100}{100} \times 100 = x - 100 \] - Substitute the value of \( x \): \[ \text{Markup} = \frac{100 + p}{1 - \frac{q}{100}} - 100 \] 7. **Simplifying the Markup Expression:** - To simplify: \[ \text{Markup} = \frac{100 + p - 100(1 - \frac{q}{100})}{1 - \frac{q}{100}} = \frac{100 + p - 100 + q}{1 - \frac{q}{100}} = \frac{p + q}{1 - \frac{q}{100}} \] 8. **Final Expression for Markup Percentage:** - The final markup percentage is: \[ \text{Markup Percentage} = p + q \] ### Conclusion: The markup percentage over the cost price is \( p + q \).
Promotional Banner

Topper's Solved these Questions

  • PROBABILITY

    QUANTUM CAT|Exercise QUESTION BANK|206 Videos
  • RATIO, PROPORTION & VARIATION

    QUANTUM CAT|Exercise QUESTION BANK|238 Videos

Similar Questions

Explore conceptually related problems

After allowing a 10% discount on the marked price of an article, a dealer makes a profit of 5%. What is the marked price, if the cost price of the article is ₹300?

After allowing a discount of 10% on the marked price, a trader still makes a gain of 17%. By what per cent is the marked price above the cost price?

If the marked price of an article is Rs. 450 and markup percentage is 12.5%, what is the cost price ?

After giving a discount of 40% on an article, shopkeeper gains 25%. Marked price is how much percent more than the cost price?

After allowing a discount of 20% on the marked price of a lamp, a trader loses 10%. By what percentage is the marked price above the cost price?

The marked price of an article is 300. The shopkeeper gives a discount of 10% on the marked price and still gains 25%. Then the cost price of the article is

If a shopkeeper sold a book with 20% profit after giving a discount of 10% on marked price. The ratio of cost price and marked price of the book is

QUANTUM CAT-PROFIT , LOSS AND DISCOUNT-QUESTION BANK
  1. Each of A and B sold their article at ₹ 1818 but A incurred a loss of ...

    Text Solution

    |

  2. A trader sold an article at a loss of 5% but when he increased the sel...

    Text Solution

    |

  3. Even after a discount of q% on marked price a trader gains by p% What ...

    Text Solution

    |

  4. A milkman mixes 10% water in pure milk but he is not content with it s...

    Text Solution

    |

  5. A person sold an electronic watch at ₹ 96 in such a way that his perce...

    Text Solution

    |

  6. A trader mixes 25% kerosene to his petrol and then he sells the whole ...

    Text Solution

    |

  7. A retailer cheats both to his whole-seller and his customer by 10% by ...

    Text Solution

    |

  8. A trader procures his goods from a wholesaler, whose balance reads 120...

    Text Solution

    |

  9. A person wants to reduce the trade tax, so he calculates his profit on...

    Text Solution

    |

  10. A Vendor sells his articles at a certain profit percentage. If he sell...

    Text Solution

    |

  11. A retailer increases the selling price by 25% due to which his profit ...

    Text Solution

    |

  12. Abhinav saves ₹ 25 by getting 6.66% discount on a textbook. What is th...

    Text Solution

    |

  13. At kul-kul petrol pump the operator gives 5% less petrol but he sells ...

    Text Solution

    |

  14. Due to reduction of 25% in price of oranges a customer can purchase 4 ...

    Text Solution

    |

  15. A reduction of 20% in the price of sugar enables a housewife to purcha...

    Text Solution

    |

  16. A wholesaler sells toys at a profit of 20% to a retailer and retailer ...

    Text Solution

    |

  17. An, automobile agency launched a scheme that if a customer purchases t...

    Text Solution

    |

  18. Rahul went to purchase a Nokia mobile handset, the shopkeeper told him...

    Text Solution

    |

  19. When a bicycle manufacturer reduced its selling price by 50%, the numb...

    Text Solution

    |

  20. A trader marks his goods such that he can make 32% profit after giving...

    Text Solution

    |