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After giving a discount of 33.33%, there...

After giving a discount of 33.33%, there is a loss of 11.111%. If only 10% discount is given, then what will be the profit percentage?

A

24

B

20

C

27

D

25

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will first establish the relationship between the cost price (CP), marked price (MP), selling price (SP), and the discounts and losses involved. ### Step 1: Understand the given data - Discount given = 33.33% (which is equivalent to 1/3) - Loss incurred = 11.11% (which is equivalent to 1/9) - New discount to be considered = 10% (which is equivalent to 1/10) ### Step 2: Establish the relationship between CP and MP When a discount is given, the relationship between CP, MP, and the loss can be expressed as: \[ \text{MP} \times (1 - \text{Discount}) = \text{CP} \times (1 - \text{Loss}) \] Substituting the values: \[ \text{MP} \times \left(1 - \frac{1}{3}\right) = \text{CP} \times \left(1 - \frac{1}{9}\right) \] This simplifies to: \[ \text{MP} \times \frac{2}{3} = \text{CP} \times \frac{8}{9} \] ### Step 3: Rearranging the equation Rearranging the equation gives: \[ \frac{\text{CP}}{\text{MP}} = \frac{2/3}{8/9} \] Calculating the right side: \[ \frac{2/3}{8/9} = \frac{2 \times 9}{3 \times 8} = \frac{18}{24} = \frac{3}{4} \] Thus, we have: \[ \text{CP} : \text{MP} = 3 : 4 \] ### Step 4: Assign values to CP and MP Let: - CP = 3x - MP = 4x ### Step 5: Calculate the selling price (SP) with a 10% discount With a 10% discount on the marked price: \[ \text{SP} = \text{MP} \times (1 - 0.10) = 4x \times 0.90 = 3.6x \] ### Step 6: Calculate the profit Profit is given by: \[ \text{Profit} = \text{SP} - \text{CP} = 3.6x - 3x = 0.6x \] ### Step 7: Calculate the profit percentage Profit percentage is calculated as: \[ \text{Profit Percentage} = \left(\frac{\text{Profit}}{\text{CP}}\right) \times 100 = \left(\frac{0.6x}{3x}\right) \times 100 \] This simplifies to: \[ \text{Profit Percentage} = \left(\frac{0.6}{3}\right) \times 100 = 20\% \] ### Final Answer The profit percentage when a 10% discount is given is **20%**. ---
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