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By selling an article for Rs 1170 a man ...

By selling an article for Rs 1170 a man allow 10% discount and earn 30% profit. If the article is sold at 0% discount what should be the profit %.

A

41`3/2`%

B

45`4/9`%

C

44`3/2`%

D

44`4/9`%

Text Solution

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The correct Answer is:
To solve the problem step by step, we will follow the given information and calculate the necessary values. ### Step 1: Understand the Selling Price with Discount The selling price of the article after allowing a 10% discount is Rs 1170. ### Step 2: Calculate the Market Price Let the market price (MP) be \( x \). Since a 10% discount is given, the selling price (SP) can be expressed as: \[ SP = MP - (10\% \text{ of } MP) = MP - 0.1 \times MP = 0.9 \times MP \] Thus, we can write: \[ 0.9x = 1170 \] To find the market price, we solve for \( x \): \[ x = \frac{1170}{0.9} = 1300 \] So, the market price is Rs 1300. ### Step 3: Calculate the Cost Price We know that the selling price of Rs 1170 gives a profit of 30%. Let the cost price (CP) be \( y \). The relationship between selling price, cost price, and profit can be expressed as: \[ SP = CP + (30\% \text{ of } CP) = CP + 0.3 \times CP = 1.3 \times CP \] Thus, we can write: \[ 1170 = 1.3y \] To find the cost price, we solve for \( y \): \[ y = \frac{1170}{1.3} = 900 \] So, the cost price is Rs 900. ### Step 4: Calculate Profit Percentage at 0% Discount If the article is sold at 0% discount, the selling price will be equal to the market price, which we found to be Rs 1300. Now, we can calculate the profit when sold at this price: \[ \text{Profit} = SP - CP = 1300 - 900 = 400 \] ### Step 5: Calculate Profit Percentage The profit percentage can be calculated using the formula: \[ \text{Profit Percentage} = \left( \frac{\text{Profit}}{\text{Cost Price}} \right) \times 100 \] Substituting the values we have: \[ \text{Profit Percentage} = \left( \frac{400}{900} \right) \times 100 \] Calculating this gives: \[ \text{Profit Percentage} = \frac{400 \times 100}{900} = \frac{40000}{900} \approx 44.44\% \] ### Final Answer Thus, the profit percentage when the article is sold at 0% discount is approximately **44.44%**. ---
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