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A shopkeeper bought an article for ₹100 ...

A shopkeeper bought an article for ₹100 and marked its price 25% above the cost price. How much discount percentage should he announce in order to make a profit of 15%?
एक दुकानदार ने ₹100 में एक वस्तु खरीदी और इसका मूल्य लागत मूल्य से 25% अधिक अंकित किया। 15% का लाभ अर्जित करने के लिए उसे कितने प्रतिशत की छूट की घोषणा करनी चाहिए?

A

8.25

B

8.5

C

8

D

10

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we can follow these calculations: ### Step 1: Determine the Cost Price (CP) The shopkeeper bought the article for ₹100. - **Cost Price (CP)** = ₹100 ### Step 2: Calculate the Marked Price (MP) The marked price is 25% above the cost price. - **Marked Price (MP)** = CP + 25% of CP - 25% of ₹100 = ₹25 - Therefore, MP = ₹100 + ₹25 = ₹125 ### Step 3: Calculate the Selling Price (SP) for a 15% Profit To find the selling price that gives a 15% profit, we first calculate 15% of the cost price. - **Profit** = 15% of CP = 15% of ₹100 = ₹15 - Therefore, the Selling Price (SP) = CP + Profit = ₹100 + ₹15 = ₹115 ### Step 4: Determine the Discount Amount Now, we need to find the discount amount that the shopkeeper can give from the marked price to achieve the selling price. - **Discount** = MP - SP = ₹125 - ₹115 = ₹10 ### Step 5: Calculate the Discount Percentage The discount percentage can be calculated using the formula: - **Discount Percentage** = (Discount / Marked Price) × 100 - Discount Percentage = (₹10 / ₹125) × 100 = 8% ### Final Answer The discount percentage that the shopkeeper should announce to make a profit of 15% is **8%**. ---
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