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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%?

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The correct Answer is:
`14(2/7)%`
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PEARSON IIT JEE FOUNDATION-PROFIT AND LOSS DISCOUNT AND PARTNERSHIP -TEST YOUR CONCEPTS (SHORT ANSWER TYPE QUESTIONS)
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  3. Anil bought a cycle for ₹ 1500 and sold it to Ramesh at a profit of 10...

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  4. The marked price of a motor cycle is ₹ 12000. By selling it at a disco...

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  5. A trader buys goods at 7(1)/(2)% less than the list price.He allows a...

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  6. A grocer cells 5 chocolates for ₹ at a profit of 4%. In order to get a...

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  7. A person bought an article and sold it at a loss of 20%. If he had bou...

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  8. If books bought at prices ranging from ₹ 400 to ₹ 1000 are sold at pri...

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  9. A merchant gets a profit of 20% by allowing a discount of 10%.Instead,...

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  10. After giving two successive discounts, a shirt with a marked price of ...

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  11. A reduction of 20% in the price of mangoes per dozen enables a purchas...

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  12. Directions for questions 41 and 42 : A reduction of 20% in the price o...

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  13. A trader purchased 20 articles.He sold some of them to a customer at a...

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  14. A book seller offers a discount of 10% and gains 5% on a book. If the ...

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  15. M.P. of a saree is ₹ 1500. The shop owner allowed 25% discount, but th...

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