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The marked price of a trouser is Rs 3510...

The marked price of a trouser is Rs 3510. The shopkeeper allows a discount of 40% and gains 17%. If no discount is allowed, then what will be the profit percentage?

A

`69.8`

B

95

C

85

D

`74.6`

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step-by-step, we will follow these steps: ### Step 1: Identify the given values - Marked Price (MP) = Rs 3510 - Discount = 40% - Gain Percentage = 17% ### Step 2: Calculate the Selling Price (SP) after the discount The Selling Price (SP) can be calculated using the formula: \[ SP = MP \times \left(1 - \frac{Discount}{100}\right) \] Substituting the values: \[ SP = 3510 \times \left(1 - \frac{40}{100}\right) \] \[ SP = 3510 \times \left(1 - 0.4\right) \] \[ SP = 3510 \times 0.6 \] \[ SP = 2106 \] ### Step 3: Relate Selling Price and Cost Price using Gain Percentage The relationship between Selling Price (SP), Cost Price (CP), and Gain Percentage is given by: \[ SP = CP \times \left(1 + \frac{Gain\ Percentage}{100}\right) \] We know SP = 2106 and Gain Percentage = 17%, so: \[ 2106 = CP \times \left(1 + \frac{17}{100}\right) \] \[ 2106 = CP \times 1.17 \] ### Step 4: Calculate the Cost Price (CP) To find CP, rearrange the equation: \[ CP = \frac{2106}{1.17} \] Calculating this gives: \[ CP \approx 1800 \] ### Step 5: Calculate Profit when no discount is allowed If no discount is allowed, the Selling Price will be equal to the Marked Price: \[ SP = MP = 3510 \] Now, we can calculate the profit: \[ Profit = SP - CP \] \[ Profit = 3510 - 1800 \] \[ Profit = 1710 \] ### Step 6: Calculate Profit Percentage Profit Percentage can be calculated using the formula: \[ Profit\ Percentage = \left(\frac{Profit}{CP}\right) \times 100 \] Substituting the values: \[ Profit\ Percentage = \left(\frac{1710}{1800}\right) \times 100 \] Calculating this gives: \[ Profit\ Percentage \approx 95\% \] ### Final Answer The profit percentage if no discount is allowed is **95%**. ---
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