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A trader marks his goods at 5% above its...

A trader marks his goods at 5% above its cost price. What is the rate of discount offered by him if he sells them at a loss of 10%?

Text Solution

Verified by Experts

The correct Answer is:
`14(2/7)%`
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Knowledge Check

  • A trader marks his goods at 60% above the cost price and allows a discount of 25%. What is his gain percent?

    A
    `20%`
    B
    `25%`
    C
    `30%`
    D
    `40%`

  • A dealer marks his goods 20% above their cost price. He then allows some discount on marked price so that he makes a profit of 10%. The rate of discount is

    A
    `10(1)/(3)%`
    B
    `9(1)/(3)%`
    C
    `8(2)/(3)%`
    D
    `8(1)/(3)%`

  • A trader marks his goods at 35% above the cost price. He sells 80% the goods at the marked price and rest, he sells by allowing 35% discount on the marked price. His profit percent is:

    A
    27.55
    B
    25.55
    C
    20
    D
    35

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    A trader marks his goods at 30% above cost price and allows a discount of 10%. What is his gain per cent?

    A trader marks his goods at 40% above the cost price and allows a discount of 25%. What is his gain per cent ?

    A trader marks his goods at 40% above the cost price and allows a discount of 25%. What is his gain percent?

    A trader marks his product 30% above his cost price and then offers a 30% discount .Find his cost price if the incurs a loss Rs 900. (in Rs)

    A trader marked his goods at 25% above the cost price. He allows a discount of 12 1/2 %, find the profit percentage.

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